# Skinbiotherapeutics PLC Q&A: MTA with Global Consumer Goods Company (LON:SBTX)

- Link: https://www.directorstalkinterviews.com/skinbiotherapeutics-plc-qa-mta-global-consumer-goods-company-lonsbtx/412748890
- Published: 2018-04-05T12:31:41+01:00
- Author: Amilia Stone

**Skinbiotherapeutics PLC** (LON:SBTX) Chief Executive Officer Dr Cath O’Neill caught
up with DirectorsTalk for an exclusive interview to discuss the signing of an MTA
with a global consumer goods company

 

**Q1: Cath, yesterday you announced a signing of a Materials Transfer Agreement 
with a global consumer goods company, can you tell us what does the MTA mean?**

**A1**: So, the Materials Transfer Agreement basically means that we, as a company,
have agreed to hand over some of our technology to this other company so that they
can run it through some tests and work on it themselves, the material refers to 
the technology. So, that’s basically what it is in a nutshell.

 

**Q2: What does this mean then for Skinbiotherapeutics?**

**A2**: Well, I think what it signals is that the ‘big boys’ in the consumer goods
space are sitting up and taking notice of us, it’s not every day that a global giant
spends its time testing the technology of a little tiny company like Skinbiotherapeutics.
So, I think it’s a test to the quality of our research data, our science and the
fact that they are sitting up and taking notice of us now.

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