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Bullboard - Stock Discussion Forum Intelgenx Technologies Corp IGXT

IntelGenx Technologies Corp. is a Canada-based drug delivery company. The Company provides single-site, end-to-end contract development and manufacturing services of oral thin film and transdermal drug products for the pharmaceutical and animal health markets, spanning the entire drug development and commercial product cycle. The Company’s film technologies, including VersaFilm, DisinteQ... see more

GREY:IGXT - Post Discussion

Intelgenx Technologies Corp > formal agreement with Tilray finalized
View:
Post by Ciao on Nov 07, 2018 8:19am

formal agreement with Tilray finalized

https://www.intelgenx.com/investors/press-releases/press-release-details/2018/IntelGenx-Announces-Definitive-Agreement-with-Tilray-to-Form-an-Exclusive-Worldwide-Partnership-for-Cannabis-Infused-VersaFilm-Products/default.aspx

Small equity interest taken by Tilray and favorable 20/80 development costs.

Comment by Ciao on Nov 07, 2018 1:46pm
muted response compared to intial LOI with Tilray over a month ago, understandably MJ sector and Tilray's share price has cooled off signficantly however, healthy pipeline and clinical studies for Montelukast study are the core of the company which is targeted to be profitable in 2019, investors are mispricing this story stock
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