Report
Martin Hall

Incanthera Therapeutics Limited (INC): Making good progress with Sol

Incanthera (INC) was a spin-out from the Institute of Cancer Therapeutics (ICT) at the University of Bradford to exploit development opportunities generated by ICT. Following its listing on the Aquis Growth Exchange in February 2020, INC has been concentrating its resources on the further advancement of lead product, Sol, which is now the subject of progressive discussions with two global cosmetic companies. A recent Placing with institutional investors raised ca.£1.0m net, which is providing the group with a cash runway until the second half of calendar 2022, excluding any income that may be included as part of a licensing deal.
Underlying
Inclam

Inclam SA. Inclam SA is a Spain-based company primarily engaged in the environmental sector. The Company's activities are divided into four areas: Water Engineering; Engineering, Procurement and Construction (EPC); Systems, as well as Climate Change. The Water Engineering area provides hydrologic and hydraulic studies to public and private entities. The EPC area is responsible for the design and construction of civil works related to water purification, waste water treatment, desalination and hydraulic works. The Systems area focuses on the development of management systems for monitoring, analysis and creation of forecast models for hydrology sector. The Climate Change area offers advisory services related to reduction of greenhouse gas emission and impact. The Company operates through a number of subsidiaries in Europe, Latin America and Africa.

Provider
Hardman & Co
Hardman & Co

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Analysts
Martin Hall

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