Feel like I have been here before22 Feb 2021 06:49
Last March I invested in Synairgen’s novel therapeutics delivery system for interferon beta to fight COVID 19. Won’t lie, I got in early enough to make a packet. I got out as it was a single shot on goal and the profits were too alluring to be left sitting through phase 2 and phase 3 trials. Would I re invest? No. Because although it will no doubt be proven, it only offers a double or triple and the SP is already steep IMO.
Why do I mention this? Well they like Scancell were spun out of a University Hospital (Southampton). They have esteemed professor Stephen Holgate as a founding member, you could say their version of Lindy. After investing in them I thought I found a similar company in Scancell but little did I realise that Scancell are so much much more!
Important to realise that SNG did not have government backing or recognition. Did not have Redmile or private investors that had been with the company through thick and thin. They were unfashionable as the herd were all chasing the COVID diagnostic plays. In other words they were flying under the radar with one single brilliant idea on a solo flight. Crikey if they make it to full approval it will be some achievement.
Scancell it could be said are flying even more so under the radar to a much further degree! The fact that we have many shots on goal still means we are not getting the recognition from investors we seek. Yet, the UK Government, Redmile, all major media channels, BionTech and other big pharma are tuned into what we have. We actually have a lot more going for us at SCLP.
What I am saying is that we have an incredible arsenal of candidates that over all of the years to come will see us and Scancell do very well.
Sng really started their journey in March 2020. This March our beloved Sclp will be taking a similar journey and I intend to enjoy every minute.
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