$IPA is at the moment buying and selling on the Nasdaq at $6.16 a share.
24.84M shares excellent
$153M Market Cap
ImmunoPrecise is an antibody discovery firm that gives pre-clinical drug growth companies to the Pharma and biotech trade. This a part of the enterprise does $15M in income and continues to develop and can begin to speed up with their current acquisition of BioStrand (AI tech). An thrilling a part of IPA is their wholly owned subsidiary referred to as Talem Therapeutics. Talem is their inside pipeline of antibody drug packages that shall be out-licensed to Large Pharma for upfront cash and royalties someday through the preclinical stage. Upfront funds will be anyplace from $10M-$100M+ and royalties of three%-12%+. An out-licensing deal shall be a major occasion for this firm as it’ll validate their platforms to the market and demand a pointy rerate in valuation.
Talem Pipeline
In April, IPA accomplished the acquisition of BioStrand, an AI software program firm for genomic evaluation. This has potential to be a recreation changer not just for IPA however the biotech trade as it’ll expedite the drug discovery course of. Taking tasks that normally take monthsyears right down to daysweeks.
BioStrand
IPA is a a lot safer biotech funding as they’ve recurring revenues from the CRO enterprise which supplies draw back safety + Talem Therapeutics and BioStrand present the blue sky optionality. A licensing deal for a Talem asset or BioStrand partnership will simply 5x the inventory.
$IPA has not too long ago broke out and has closed above 200MA final 7 buying and selling days.
