RE: If it works, how commercial?18 Jul 2022 12:31
Understand that, but even if another mechanism for targeting comes in from left field (and it would be a very narrow part of left field as everyone else in that part of the field has failed) that'll impact one companies portfolio of drugs as they would buy it to prevent their competitors from having access, that leaves us offering to the remainder.
Lets war game that a bit further:
a) Competitor comes from a big pharma, no one else gets access, they would all want their own version, Avacta wins.
b) Competitor comes from a small pharma, gets bought by big pharma, the others want their own version, Avacta wins.
c) Competitor comes from a small pharma, refuses buy out, offers at market licencing costs, big pharma would want an in-house version to control current and future costs, Avacta wins.
d) Competitor comes from a small pharma, refuses buy out, offers at very cheap licensing costs for the good of humanity, big pharma may not want an in-house version to control current and future costs, Avacta loses.
Option D is so unlikely as the cost to develop would have been high for a private company and hence they would act like option C, and high for a public company that shareholders would want a return and it would act like option C. The only way that this can take place is if some philanthropist is bank rolling it and does not want a return on the investment.
Which leaves a novel non FAP approach, something like what portege (?sp?) are doing, the one that Quint is banking on, they are one trick pony, it's a new approach and therefore will need more testing. I'd still suggest that the market is big enough for more than one approach.