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Satellos Bioscience Inc Com V.ICO


Primary Symbol: ICOTF

Healthcare Biotechnology
iCo Therapeutics Inc is a Canada based biotechnology company. It is involved in the Research and development of ophthalmic indications. The company identifies, develops, and commercialize drug candidates with clinical history, and re-doses, reformulates and develops these drug candidates to treat sight and life-threatening diseases. Its in-licensed assets are iCo-008 and the Oral AmpB Delivery System. iCo-008 is a human monoclonal antibody targeting eotaxin-1 that acts as a messenger between...


GREY:ICOTF - Post by User

Satellos Bioscience Inc Com > How Long Can Immune Hold This Down?
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Post by SchiffKnowsBeston Nov 23, 2017 9:22am
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Post# 27017755

How Long Can Immune Hold This Down?

How Long Can Immune Hold This Down?Looks to me like someone is trying to sit on the share price and I guess just a coincidence that Immune raised $18M USD exactly a month ago today.....You'd almost think they had plans to buy-out ICO!  Especially given they likely know their licensed product from ICO will be a success (currently in phase II) and as a result will be forced to fork-over $32M USD in milestone payments......Why not offer half of that ($16M USD or 20 cents/share) and forego the milestone payments and get the bonus of AmpB enterring phase I.  Truly a no-brainer for Immune....Just a matter of timing.
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