Midatech Pharma PLC (MTP): CEO expect revenue of > £9 milli...

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Midatech Pharma PLC (MTP)

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Re: None

Friday, 07/01/2016 12:15:37 PM

Friday, July 01, 2016 12:15:37 PM

CEO expect revenue of > £9 million (in-line with analysts) for this year, and probably double that in 2017 which would make them profitable. And this is with products that are already on the market and generating sales today (produced just under £2 million in rev last year).

Enough cash to get them to profitability.

Selling cancer product under "compassionate use" today in UK, shortly in US.

CEO say "100's of millions in revenue in the next 5-7 years" (OK, take that one with a grain of salt wink

wink

)

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