Wednesday, August 18, 2021 11:23:34 PM
also included at EOM.$ENZC - Yes, there was a delay in a "Joint PR next week". Per Lonza's response, there is a working relationship between the two and they are fixing the inaccuracies. They are obviously not going to pre-announce a joint PR
— 𝐆𝐨𝐝𝐟𝐚𝐭𝐡𝐞𝐫 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 (@GodfatherCap) July 30, 2021
Still a major win for the company.
Onwards & Upwards pic.twitter.com/bXCSfYuLgE
Additionally I thought Dr. Chandra mentioned Lonza in the youtube livestream with James Hicks last month. But it wasn't a given that ENZC was in partnership/pursuing partnership with Lonza. Here's a summary of what they did say: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=165071851 which gives more of a vibe like 'Lonza would love to be a part of producing mAbs someday in the future once mAbs are proven viable and ready for market' and not 'Lonza is trying to sign an exclusive production deal to start producing ENZC mAbs immediately'. (And similarly, the milestone-based offers from various other Big Pharma mentioned in the interview sound promising but carry a similar vibe. ENZC may still have a long road ahead before any of these potential partnerships come to fruition. Drug companies are floating offers now to maybe get a piece of the pie later.)
The lost/rescinded Lonza PR from ENZC pretty much stated there was already a partnership or most of a partnership in place, down to some of the process and production details.
Godfather's screenshotted memo from the Lonza rep mentioning "inaccuracies" in said PR is still unexplained. We have no idea what are the inaccuracies. Godfather interpreted Lonza's response to mean there's already a "working relationship" between the companies but that isn't necessarily implied. I think ENZC and Lonza were definitely in contact about future business ventures and hopefully we get a clarification PR from either company eventually.
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