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Redx Pharma's Lisa Anson discusses potential US$203mln cancer deal

Redx Pharma PLC's (LON:REDX) Lisa Anson speaks to Proactive London's Andrew Scott after announcing they've sold one of their cancer research programmes for up to US$203mln.

The agreement with Jazz Pharmaceuticals (NASDAQ:JAZZ) has a tiered payment structure and will see Redx receive a upfront sum of US$3.5mln.

Quick facts: Redx Pharma PLC

Price: 57.5 GBX

AIM:REDX
Market: AIM
Market Cap: £157.49 m
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Redx Pharma £25.5m raise 'to drive forward our two key programmes, at pace'

Redx Pharma PLC's (LON:REDX) Lisa Anson speaks to Proactive after announcing their conditional raise of around £25.5m. Anson says this raise puts Redx in a 'much stronger financial position which allows us to drive forward our two key programmes, at pace'. She goes on to explain the next...

on 7/12/20

2 min read