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Hardman & Co Research: Incanthera (INC): Significant progress in first anniversary as plc

·2-min read

Hardman & Co Research
18-May-2021 / 10:05 GMT/BST

Hardman & Co Research: Significant progress in first anniversary as plc

Incanthera (INC) was a spin-out from the Institute of Cancer Therapeutics (ICT) at the University of Bradford to exploit development opportunities generated by ICT. Following its listing on the Aquis Growth Exchange in February 2020, INC has been concentrating its resources on the further advancement of lead product, Sol, which is now the subject of progressive discussions with two global cosmetic companies. A recent oversubscribed Placing with institutional investors raised ca.£1.0m net and provides the group with a cash runway until the second half of calendar 2022, excluding any income which may be included as part of a licensing deal.Please click on the link below for the full report:

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About Hardman & Co: For the past 25 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge.  Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

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End of Announcement - EQS News Service

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