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Third party research

Xintela: Closing in on the first license agreement - VH Corp

Xintela

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
• Non-binding term sheet with EQGen Biomedical regarding EQSTEM
• The financial situation is still an issue
• We keep the fair value at SEK 1.30 per share

In connection with the Q1 report, Xintela announced a signed, non-binding term
sheet with the US firm EQGen Biomedical regarding EQSTEM, Xintela’s
veterinarian joint disease treatment. We expect details to be disclosed once
EQGen Biomedical secures funding and the parties announce a license agreement.

We therefore maintain our risk-adjusted motivated value of SEK 1.30 per share.
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