RLS Global: Terminated collaboration agreement with Convatec - Redeye

Redeye comments on yesterday’s news regarding RLS’ terminated collaboration agreement with Convatec. We argue that this development negatively impacts the company, introducing a level of uncertainty regarding its future. Due to the limited information available and the fact that RLS has initiated a review process, we opted to place our valuation and estimates under review. We will reassess our analysis once more information is available.

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