Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
With all the talk about Vaccines, it's worth mentioning that some of the makers are pledging not to take huge profits, AstraZenica and others have offered potential vaccines at cost in the US while the National Emergency exists (but not after), meanwhile the worlds largest vaccine manufacturer is suggesting a price cap of $3 (that's a cap, so can be much less in the developing world).
SNG will be under similar pressure not to price any treatment at too high a rate, will still make money but not thousands of profit per patient that has been mooted previously.
* Are being rushed through by multiple big global corps worldwide all racing to be the first to make big profits. No doubt corners being cut and long term affects unknown.
- And yet everyone is quite literally advocating skipping Phase 3 trials for SNG001... so we can all make big profits.
* Being promoted by governments that have either deliberately or through incompetence mismanaged the handling of the pandemic. People have no trust in them so why trust them on a vaccine.
- And we want those same governments to promote SNG...
* WHO not fit for purpose as above many people have no trust in them.
- Not sure what thats got to do with anything, Trump seems to have a problem with WHO, not sure anyone else really does.
* Vaccines have at best 3 months possible immunity. Whats the point?
- NOPE - Just wrong
* Previous well tested vaccines have been know to cuase autism and other complications. The Covid vaccine we have no idea.
- SO much disinformation out there about vaccines and Autism, DYOR (that isn't a Youtube video by an AntiVaccer)
* The government have made law you can't sue these vaccine companies for the possible side effects and complications that will occur.
- Well yes, thats what SNG will insist on if we skip Phase 3 trials (which Vaccines are not doing FYI)
SNG needs to be out there alongside a vaccine. Hopefully it will be there before a vaccine.
There are about 14 vaccines in development, some companies have committed to not to make money out of a vaccine during the pandemic. So while number of doses is high, the profit will be not be massive (compared to say a cancer drug) and the market is competitiive.
If a vaccine where to make $1billion (It would make alot more), thats not alot for a big Pharma company.
SNG001 is unique tho, not much else out there to rival it, not everyone will take it (unlike a vaccine), but it could easily be a $1billion treatment in the world market if nothing else shows up (and nothing really has yet). As stated by Mr Big, SNG's market cap is about £300m. If a vaccine doesn't show up till sometime in 2021 and this is ready to go in 2020, it will fly.
Trump has been cutting CDC funding, sidelining them during the Coronavirus, his staff have been attacking the head of the CDC.... The CDC is not a commercial organisation, it does not fund buyouts. If the CDC were to be involved in any kind of buyout it would be a huge conflict of interest and also involve influence on the FDA in terms of approvals.
So no.
Manifesto - not trying to put a negative spin at all, and I have done my research.
All I'm saying is that comparing this to a vaccine isn't exactly valid.
We know that Interferon Beta is safe, we know how it works and delivering it directly to the lungs makes a lot of sense.
We also know that we don't have a set of accepted Phase II trial data yet, we have the mandated RNS but so far thats it. The scientific acceptance comes next, and hopefully a similar bump in share price.
I think once the results of the Phase II trials are scientifically accepted, both regulatory bodies and Big Pharma will be very interested. But it's still a small data set, 50 odd people have taken it. So larger studies will be needed, hopefully that can be done quickly too. Even if it's half as good as we think it is, then it's still much better than anything else currently available or in the short term pipeline.
Don't get me wrong, I agree that we need vaccines (plural) and treatments for all stages of the virus, thats why I'm invested here, the science makes sense, the timelines make sense and the market is huge, but an SNG nebuliser isn't going to become a household object like some people are suggesting. Boris isn't about to announce an order for 60 million units.
Lets get the current results released and peer reviewed and move to the next next stage. Delivery times for your new Leer Jet is probably shorter than it was so we can afford to wait.
We're not talking 60 million for SNG tho are we.
60 million is approx the population of the UK and for a vaccine you want everyone but those that physically can't to have it, that way you get herd immunity to protect those that can't take it.
SNG would be far more expensive to produce and administer, you'd only give it to 1) people who have Corona, 2) are in a vulnerable group, or showing signs of problems. It's still a big number but we can't compare vaccine numbers to treatment numbers.
"No Evidence" in WHO speak does not mean they don't think there will be Immunity, just that they don't have evidence.
If asked the question "Is there any evidence that antibodies do not give immunity?", the answer would be the same.
Sorry, was gonna say
Every day we have people saying, TAKEOVER, TRUMP, 2:30 USA Opening. gonna fly, gonna bomb, 1 trade code. All based off no data. They are dumb posts, but this takes the biscuit. It wasn't man made. If it was... would you launch it in your own country.
I think the £20 is for an injection as I've not seen any pricing come out of SNG.
So not a direct correlation with a nebuliser which is the drug plus delivery method.
I guess the good thing is that this is a tech scale up rather than an bio scale up as Interferon Beta is common already.
Trump would not go for a non-US solution that he's had nothing to do with.
He's pumped billions into Vaccines, some with companies that have never made a vaccine.
He'll promise a vaccine for sometime in December that he'll try and take credit for.
Once peer review is done and regulatory bodies get a look at the data we might see some traction in getting this to market, then I guess it's all about scalability, licensing deals with US manufacturing could be big.
Trump took 4 months to wear a mask, he suggested people should use light on the lungs or maybe disinfectant.
He sidelined and then attacked the biggest advocate of a science based approach in the US.
Unless somebody at SNG is a personal friend of Donald he's not going to do us any favours.
Try and get the full house.
1. £3 by the end of the day
2. £1 by the end of the day
3. Selling here and putting my money into XXXX which is gonna fly.
4. Why is the price dropping
5. Why is the price rising.
6. TAKEOVER!
7. Tree Shake
8. MMs won't get my shares.
9. American opens at 2.30.
10. Why isn't the press reporting this more.
Get all 10 and win some internet points.