RE: Some Q please7 Mar 2025 11:12
phase 1 trials are about safety, it is perfectly normal, and expected, to have patients who are not reactive.
we need cash now. the dx business can now been seen as a cluster****, the previous management paid that price. we need the cash, and be seen to have the focus, more than the slight amount of profit.
these are 'limited results' from a phase 1 trial, not a phase 2 trial, not a phase 3 trial.
the end game is either a buyout in which case the further along the path of the trials we are, the better the price, or licensing win which the same is true, or going solo in which case we'll need to hit phase 3 at some point.
the sp is ****, but the potential is great.