C4X’s interims revealed a refinement of its hybrid business model, whereby it will stop offering access to its drug discovery technology on a fee-for-service basis, instead seeking to strike more strategic and collaborative agreements with pharma/biotech partners. The recent £1.67m acquisition of Adorial, with an innovative technology to help identify novel drug targets, could significantly enhance and accelerate C4X’s drug discovery capabilities. With £5m in cash as o

29 Mar 2016
A more refined approach

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A more refined approach
C4X Discovery Holdings Plc (C4XD:LON) | 12.8 0 (-0.6%) | Mkt Cap: 32.4m
- Published:
29 Mar 2016 -
Author:
Linda Pomeroy -
Pages:
3 -
C4X’s interims revealed a refinement of its hybrid business model, whereby it will stop offering access to its drug discovery technology on a fee-for-service basis, instead seeking to strike more strategic and collaborative agreements with pharma/biotech partners. The recent £1.67m acquisition of Adorial, with an innovative technology to help identify novel drug targets, could significantly enhance and accelerate C4X’s drug discovery capabilities. With £5m in cash as o