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fair comment,dougie.it can and does happen and we do have EU approval already.just think we would be in a much stronger position with fda in the bag, but only time will tell.gla
I agree to an extent Italian , I did a lot of reading regarding fda etc and so many drugs going for approval were actually bought out before approval and proof of sales etc but they did tend to be cancer drugs so I suppose a totally different ball game to our offering
dougie,it's all going to depend on the terms of the deal,which is why i personally expect it to happen after FDA approval.with approval it's a different ball game.just my opinion and could certainly be wrong.
Taking just fortacin into account best case scenario market cap predictions ?
We are on the home stretch and the market cap will, in my opinion, reflect with the news to come, If not sooner, if they manage to squeeze a reasonable us deal.
well,that thought did cross my mind.are we tempting fate? any ,good that there is at least something of reasonable substance to discuss after a lengthy arid period.
I think he has more than likely been promised huge returns on his ERP holding when Fortacin is launched in China and the US. They probably showed him all the figures from the in-house calculation…..lol.
And 10% of ERP will eventually, I’m sure, turn out to be something not to be sniffed at.
morning bignose.well something certainly seems to have stirred them into action. keep sending the emails is what i say!
re Zhavoronkov, that's my point in a way.no idea what a chief longevity officer is,but i assume he contributes to, or overseas the research and technical development side (not IT/commercialisation). i imagine his personal focus will remain on Insilco medicine,as he won't become a rich man from his DLI salary and his scientific research per se, but if insilco floats,as has been suggested,that is how he will make real money.so to have someone now whose specific role is to commercialise DLI, is extremely important imo. of course it will all depend on how good he is at it and how marketable are the products. all just my opinion.
It’s funny actually because when JG emailed me to say we would have to wait for an update, I responded by suggesting that given we are now getting closer to the light, they should start issuing regular updates which would, I’m sure, increase interest from long term investors which would provide well needed support to a decimated sp.
I never in my life thought he would act on my advice…..lol…
Anyway, I for one won’t look a gift horse in the mouth……Hopefully we see further sp support today….
Whoops a couple of mistakes there. Commercialise and boner…. It’s all those announcement, they’ve Turned my brain to jelly….lol
Morning The.Italian.
A very good analogy “ launch the kites and see how they fly” unfortunately they only fly as good as the fat controllers, which in many cases of Jim’s exploits have been far from satisfactory. And in this instance could vey well be the same given he only employs yes men with no suitable experience. I personally won’t be impressed until the company shows some income at least enough to cover their own costs since currently the DLI is just a parasite. Incidentally where does that leave Dr Z since he was the CEO? What on earth is a Chief Longevity Officer? A person who may live long, but apart from that does what exactly…I didn’t know there was such a thing !!! :-)
And as you noted….another DLI update, that’s 3 updates in a row….I think I need to sit down as my brain just cannot handle it…..lol.
Let’s hope they do manage to commercialised something next year. Certainly would be a real bonner if China, US and DLI all come together to give the SP a real kick up the backside……..
and here is the man himselfhttps://www.youtube.com/watch?v=HNxsimHIRck perhaps not a natural in front of the camera,but he may have other strengths.interesting to hear about the geographical diversity of the personnel.i'd assumed,being fairly simple minded,t hat they all worked in some lab/computer centre in hong kong,but obviously not.think that is a small positive.
been looking at Deep's linkedin profile .looks like he's been the ceo since may.whilst not exactly a big hitter, im hopeful that it is a sensible move to have a dedicated ceo with experience of commercialising technology, as this is the essential next step for DLI. it's no use in the long run just being scientifically innovative and producing research of purely academic interest. there has to be a strong commercial objective to justify it . hopefully that is what he can bring.we will see.