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Something is brewing and its not my cuppa, the movements are usually a sign from my limited experience of trading. No reason to jump to near on 8p so late in the day...................I will wake at 7am to see if we have an RNS red dot. Oh I do hope so.
Unless im reading the may RNS wrong
Recruitment of Patients in SG016 Trial Completed
Thu, 28th May 2020 07:00
RNS Number : 1327O
Synairgen plc
28 May 2020
Press release
Synairgen plc
('Synairgen' or the 'Company')
Synairgen Completes Recruitment of Hospitalised Patients in COVID-19 Trial
Southampton, UK - 28 May 2020: Synairgen plc (LSE: SNG), the respiratory drug discovery and development company, is pleased to announce that recruitment of 100 hospitalised patients in its clinical trial of SNG001 (inhaled formulation of interferon-beta-1a) in COVID-19 patients has now been completed.
The COVID-19 study
Synairgen's clinical trial in COVID-19 patients (SG016) is a double-blind, placebo-controlled trial. The 220 patient trial comprises 100 patients initiated in hospital and 120 patients initiated in the home setting. The patients participating in the hospital setting have been recruited across a number of NHS trusts and the trial has been adopted by the NIHR Respiratory Translational Research Collaboration which is comprised of leading centres in respiratory medicine in the UK whose internationally recognised experts are working together to accelerate development and discovery for COVID-19. A successful outcome will inform onwards progression of SNG001 in COVID-19 patients. Results from the hospital setting are expected in July 2020, as announced in the Company's Preliminary Results statement on 26 May 2020.
If the trial is for 14 days of the Inhaler and the recruitment of the 120 patients (home) completed in May (RNS on Thu, 28th May 2020), then the last patient would have completed the trial by the 12th of June. The outputs of Home Trialing is surely due to land?
Lunus1 is right, a game of patience and some positive news will see the volume shoot to new highs and bring the day traders and alike back to the boards.
Good opportunity to keep topping up and as I have been in for only 3 or 4 months, it gets closer to news each day/hour. SNG jumped to 70p from nowhere and then retraced back to 35p before further news and now 180+. HEMO may well see some hefty jumps and we can relax again.
The last update on Covid was a few months back and if they are able to create a new test that checks for post issues, then it will make a huge difference to those whom have contracted Covid.
In the current circumstances, the world needs news and HEMO are not providing much of an update like others are on a regular basis. But still happy with my investment here.
I would have expected some RNS early this week to waken the Investors but still only Monday.
Hemogenyx cytokine test could be a game changer in allowing a more detailed report for providing therapeutics specific to which category you fall into. Its evident that those who have battled COVID and recovered, have other ailments. Will this be the next news to drop in respect of the fight against COVID?
Morning All,
A quiet Monday AM for those invested and SP doing its usual small movement. Not a lot going on this morning for HEMO but that doesn't mean news isn't just around the corner. Vlad was quiet on Twitter at the weekend, too busy with the pipeline.
Shame it didnt have hemo logo all over it.
But as Hemo is into T-Cells and it mentioned covid and T-Cells in an RNS, i would expect Vlad would be heavily involved and in dialogue with lilly and maybe others.
Lots to happen and time is of the essence as Covid is not going away and economies need treatments and vaccines