Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Bob - in that case, we'll definitely see you there!!! ;)
Hi Jint. Many thanks for the highly informative update on the IP. We're still well in the game.
See you soon at the AGM (assuming it doesn't clash with the Scotland team dominating EURO24!!!). Cheers.
Forgive me for not having confidence in the company, of course they have a clear plan.
I should be more trusting of the directors when considering the following:
SNG not used in trials since Nov 2021.
CEO not providing updates.
Delayed new trials from RNS in 2022.
MCAP from £230M to 10M.
Of course, the directors have got a clear plan!
MrCosts
They’ve already laid out their clear plan and vision with the announced Phase2 trials, we are just awaiting the get go.
My 'down beat view' could be changed if the company actually updated shareholders with a clear plan and vision.
MrCosts
You have a very down beat view on the Company’s prospects for the future development of SNG001.
I personally take a different view on potential timeframes with SNG’s planned Phase2 trials and patient stratification that favours SNG001.
Yes there’s still much to be accomplished however, with successful Phase2 trials and interest via J/V or other, the process (Phase3) to authorisation time wise could be expedited sooner than the ‘at least 3-4 years’ that you are suggesting.
Lastly, of course the company are eager to accomplish authorisation, why wouldn’t they be?
In the world of therapeutic development, timings don’t always run to perceived schedules. Planning trials is complexed, involving and relying on many governmental agencies outside their control, it will take time and patience.
Summary:
Using a novel protein-structure-based B cell epitope discovery method with a wide range of possible applications, we have identified a simple to measure host-pathogen antibody signature associated with severe COVID-19 and longCOVID and suggest the viral Membrane protein contains an epitope that acts as a T independent antigen during infection triggering extrafollicular B cell activation.
Structural epitope profiling identifies antibodies associated with critical COVID-19 and long COVID
https://www.medrxiv.org/content/10.1101/2022.07.11.22277368v4
Jint - I appreciate your clear intent for positive news.
Authorisation? We are at least 3-4 years away from this IF we get some luck on along the way.
New phase 2 trials discussed in 2022 haven't even started which will involve around 100 patients. Who is approving the drug at that stage? This company appears to be no rush to obtain authorisation.
Sadly, this company remains research company, no commercial activity ever in their 22+ year history.
Thanks Jint for an extensive answer to the patent question , I agree like many of the BB, also lost sight of its initial application COPD and asthma.
I tbought it worth putting out there , thanks again!we
At what point does the company need to announce news? There must be a statutory reporting due at some stage?
Thank you for your diligent monitoring / reporting of the patent situation here Jint.
Amen to the eventual authorisation. 👍🏼
Pjmcgra
The granted ILI patient will have a value, however this will pale into insignificance when compared to the value once SNG001 obtains authorisation.
Remember although the ILI granted patent has only approximately 6years left to run, once authorised there are two ways to extend this by means of application. These being via a SPC (Supplementary Protection Certificate) or Exclusivity.
1) SPC (Supplementary Protection Certificate) up to 5yrs + an extra 6 months for Paediatric use.
This requires SNG001 to be authorised before an application can be made.
2) The preferable one, ‘Exclusivity’, this again requires SNG001 to be authorised prior to an application being made.
Exclusivity can give additional protection for instance in the U.S. up to 12yrs, EU about to change from approximately 8years to 11years 6months.
Plus ‘’Exclusivity’’ affords greater protection (governmental) regarding possible future infringement.
In both cases the extensions are to compensate the patent owner/developer for the time taken in obtaining authorisation, (trials etc.)
However, the additional years if applied can never extend the original patent beyond its original lifespan which is 20years.
As an example, for ‘Exclusivity’ in the U.S. (up to 12yrs) if a drug is authorised with say 12yrs left on its patent life, exclusivity would only extend it back to 20years and NOT 12yrs plus 12yrs = 24yrs.
All in all, the SNG001 ILI granted patent has a healthy future once authorised plus with the potential patent extensions
will make SNG001 very attractive to BP if they’re not already.
Lastly, SNG have 2 patent applications in the pipeline for SNG001 these being: Covid and COPD/corticosteroid use.
They’ve been running the application/examination process for coming up to 4years now.
If all goes well with the applications and the eventual authorisation of SNG001 the future is bright imo.
Question , is the actual patent worth anything , could it be sold on
Feels like we are being treated like idiots.
Raise £85M and continue to draw salaries whilst providing no updates. Fair play to them.
More front than Blackpool pier.
Professional counselling MrC. World's gone mad.
Https://time.com/6968880/long-covid-record-infection-mutations-netherlands/
"The patient, a 72-year-old man with a blood disorder, failed to mount a strong immune response to multiple Covid shots before catching the omicron variant in February 2022. Detailed analysis of specimens collected from more than two dozen nose and throat swabs found the coronavirus developed resistance to sotrovimab, a Covid antibody treatment, within a few weeks, scientists at the University of Amsterdam’s Centre for Experimental and Molecular Medicine said. It later acquired over 50 mutations, including some that suggested an enhanced ability to evade immune defenses, they said."
it highlights how prolonged infections enable the pandemic virus to accumulate genetic changes, potentially spawning new variants of concern.
“This case underscores the risk of persistent SARS-CoV-2 infections in immunocompromised individuals,” the authors said. “We emphasize the importance of continuing genomic surveillance of SARS-CoV-2 evolution in immunocompromised individuals with persistent infections.”
Mr Costs that is fair. If that is your view and you want to stop with equity all together that is ofcourse fine and i think wise for a lot of investors.
But if you have "written off" this investment and dont want to trade it and just waiting for your exitprice why then still on this BB on a daily basis?
Ofcourse also your own choice just doesnt sound like it makes you happy and or money?
Macosta
Surely you sold some shared at 10p and bought back in at the lower price. Even I did that as it was a no brained and an opportunity to make back a quick short term profit. You are just bitter as you did zero research and thought this was a get rich scheme. I have no sympathy for you at all.
I don't think I can make any profit from this share save for buying additional shares during the 4-5p range which will assist my recovery IF we get some good news.
If I can recover 30-40% of my 'investment' then I will be happy with the outcome and move on. I won't be getting involved in the stock market again.
Mr Costs i understand your frustration and agree with your negative view on Marsden (communication) and history of sng.
But that is the past. Not saying future different or same. Just as a fact.
The question you have to ask yourself is imho: how are YOU going to make money. With this share or any other. You have to regain control so you do not have to wait for them.
To be clear again: i think they should communicate more and better. But we know for long they do not care ( or small possibility: they cant) so i have shorted this as it was very likely to drift further.
I am now LONG as said before based on the scenario’s i see.
What is your view on how to make money in this share from today price?
Macosta? Please, its Mr Costs.
Most are happy to wait until end of H1? Seriously?
Do you really think our CEO will start trials within H1? Read the Sept RNS again, trials to start by end of H1 2024 SUBJECT TO...
Marsden has again provided a politicians update that when we arrive at end of H1, he can blame something external whilst his salary keeps on being paid.
'What's another month or two' Ask Marsden and he will tell you £25-50K in salary.
Scaermongering? The share price from c. £2 all the way down c. 4p did it for me.
Macosta, most of are happy to wait til the end of H1 ie: End of June. And of course the AGM before then.
What's another month or two, in the grand scheme of things, given the wait that we've endured so far?
So, no need for any scaremongering quite yet.
Have you sold out then?
Heading towards end of April and no details provided. Very concerning and I can't see anything substantial being revealed with the year results RNS.
In the mud again.