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Good to finally see some traction on a potential partnership. Not sure how quickly they could get a Phase 1 study to approved drug but maybe given it is very treatment of Covid perhaps relatively quicker???

Details will be in how the $210M gets appropriated, I wouldn’t expect anything too big if they decided to excercise after 45days.

While Union is a private company, they seem to have a financial release. Maybe a Danish requirement?

At least they seem to have cash on the balance sheet of 253M DKK which is about $368M. They ran an operating loss of 52M DKK which is about $76M. They were able to raise about $290M last year in private placements.

I don’t hold TFFP but been a casual observer for a while…
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