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Tiziana Life Sciences to spin out StemPrintER to 'maximise its value'

Tiziana Life Sciences PLC (LON:TILS, NASDAQ:TLSA) chairman Gabriele Cerrone tells Proactive London's Andrew Scott they're planning to spin out its StemPrintER and SPARE genomics-based personalised medicine businesses as a separate stock market quoted company. Cerrone says Tiziana shareholders will benefit from holding shares in both Tiziana, which has a rapidly developing drug portfolio, while also realising the standalone value of the StemPrintER operation as it progresses through its own development milestones.

Quick facts: Tiziana Life Sciences PLC

Price: 143.65 GBX

AIM:TILS
Market: AIM
Market Cap: £274.6 m
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