Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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They’ve established the profile of at home patients who’d benefit the most from treatment - those exhibiting symptoms of breathlessness - so we now have a targeted treatment - so not ruling out home use
By saying that patient numbers were limiting the results was a shot in the foot really as we know that the hospital patients numbers were 102. Versus 120 at home ...
But all we can say at this time is that targeting at home patients is not the optimal route for SNG and so therefore they have to push their resources into the hospitalized patients Where they can show benefits over costs , imo
Richard and the team seemed very disappointed in the home trial results and tried their best to find a silver lining ... The impression I got was they were on a damage limiting exercise orchestrated by savvy company advisors but that their hearts weren’t in the exercise ...
I believe that SNG will sign a partnership deal at some stage, but we will probably need the P3 results first ..
Interesting theory TLW, one I'd never even pondered. With the annual results coming up and us being in the middle of Activ-2 and a global P3 it seems a bit strange to leave everything half way through, but there may well be many goings-on behind the scenes particularly with the new dataset we've just received. I think we're still a couple of months away from having these talks so I'd be surprised if those talks were happening at this stage and not in the summer.
Having said that though, the hint that manufacturing was starting in the summer, the company vacancies spotted a while ago, the hiring of these top dogs, all seem to be pointing towards something monumental happening in the horizon and those things can't be planned and executed all at once, meaning they clearly know a big change at the company is imminent and are preparing for it, or they're putting the wheels in motion for when that time comes. With us in the middle of two trials at the moment, I might go with the latter.
Also MrCosts, I did note your moaning this week but it's been understandable. Good to have you back on board.
Brilliant this board, in the space of a few days we've gone from being the worst company ever to market a product all the way back up to RM has nailed this.
I've done my fair share of moaning this week however I am also excited that SNG are making very strong hires. Either way I won't be selling any shares and gonna try enjoy the journey.
I also hope RM has finally realised (it sounds like I wasn't the only person emailing him) he needs to update us nice people once in a while too.
Like that thinking. RM has clearly said in the past that they are in contact with various potential partners for the future of SNG which will be necessary for its evolution. Their previous partnership with AZ alone means they have some knowledge and experience of how that might work, or look like. It would also be reasonable to pontificate that discussions (and possibly sharing of certain info/data within a NDA) have been on-going for some time. One thing for sure is that, the 'tickly bit' is near at hand .... so to speak and the SNG team must be permanently knackered, thus not always going to be on top form.
It was very good to hear that Richard Marsden has brought in three highly qualified and experienced specialists, presumably to advise and assist in the next phase, whether that be a takeover of the company, or licensing deals to bring about the production of the 100K doses per month quantities of SNG001 that were hinted at earlier this year. The team, who have diversified expertise and experience could well be taking part in complex takeover negotiations? Interestingly, the last time I was invested in a company that was taken over, the announcement came at the same time as the company's annual results. Someone mentioned earlier that Mr. Marsden wasn't his usual ebullient self during the recent webinar. Professor Wilkinson and Professor Francis also appeared to be somewhat under par. It could of course be that all three were very tired following an intensive work schedule? An alternative explanation might be that all three were aware of an imminent major change in the near future? I am speculating far too much, and will leave it there for the time being.
Regards, and best wishes to all genuine Synairgen investors.