Brief: Iconovo Initiates Structured Process For Out-Licensing Of Icopre

Iconovo AB

22/05/2023 07:59

May 22 (Reuters) - Iconovo AB  ICO.ST :
    * INITIATES STRUCTURED PROCESS FOR OUT-LICENSING OF ICOPRE
WITH A
GLOBAL INVESTMENT BANK
    * NEGOTIATIONS WITH UNNAMED PHARMACEUTICAL COMPANY REGARDING
ICOPRE, ANNOUNCED IN JAN 2023, ARE BEING CONDUCTED AT SLOWER
PACE THAN BEFORE
    * HAS EXPERIENED INCREASED INTEREST IN INHALER PLATFORM FROM
OTHER
PHARMACEUTICAL COMPANIES
    * STRUCTURED PROCESS TO MAXIMIZE COMMERCIAL VALUE OF FUTURE
AGREEMENT
    * PROCESS FOR ICOPRE IS EXPECTED TO BE COMPLETED IN FIRST
HALF OF
2024

Source text for Eikon:  ID:nMFN3HNsnd 
Further company coverage:  ICO.ST 

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