Don't get over excited guy's. Yes it's nice to finish the week on an up and also that the SP is going in the right direction but come on... This should be way ahead of here by now. I know Biotech's take a long time but I've been here over 3 years now and am still 35% down. Maybe the day traders aren't so mad after all. Guess more patience is required. Onwards and upwards. Have a good weekend all.
It just went bananas ?!
2x 25k and 1x20k = nearly £100k of what I would hope are buys ?! GLA - EP
More big buys yesterday late afternoon. Pressure back on this morning. Great week. Well done SUMM. Very exiting few months ahead.
RE: SMTC1100 Phase 1b - dietary new..
Hi AMM, Summit did advise 18th July e-mail reply : “We hope to be in a position to provide more clarity about the future trial plans for SMT C1100 around September time with the aim of dosing patients during the fourth quarter. Cannot really add to that at this time. “ As mentioned by Chrisatrdg : Canaccord presentation 13th August 2014 : still mentions “ Next patient trial expected to start Q4 2014 “ Yes , need clarity on how they plan to test the new SMTC1100 recipe actually works : Phase1b trial still open so they might invite the same boys to retake the new dose ! Takes time to get clearance from regulatory authorities to proceed with new trials, let alone set up the programme perhaps in different countries . Approx. 17 weeks left before year end for the announcement we all wish to see “ first DMD patient dosed in phase 2 trial etc “ The other possible option to proceed with phase 2 using the same drug used in phase1b , might be problematic to effectively manage patients dietary food intake , much larger population involved across international sites , so preferable for many reasons that absorption blood issue resolved ! Good luck everyone
I understand the next trials are in Qtr 4 2014 based on last presentation by Summit but we do not know if it is phase 1C or phase 1B contd or what.The SP will be determined when we know i.e. how have they decided to deal with the absorption issue. Expect interim results hopefully by mid Sept at which point there maybe an RNS for DMD trials.Remember Qtr 4 is from Oct to Dec so maybe we still have to wait a while.I am hoping for something good will come out of the interim results in Sept which will support the current SP otherwise we could continue to go back down.GLA
SMTC1100 Phase 1b - dietary news
I wonder when we can expect some news of proposals to address the Phase 1b dietary issue? Also if (as was mentioned at the AGM,) Phase 2 is still on schedule?
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