RE: SCANCELL14 Feb 2021 16:30
COVIDITY - Phase 1 trials start early summer 2021. Not only that but they are developing a separate vaccine now that may deal with SA and Brazil variant. In any case I do believe SP will increase with news flow. For example this weekends Telegragh, Times, The Sun, Nee York Post articles. Not to mention being Sky Tv all day today at approx 10 to the hour every hour!
SCIB1 - CRUK who had agreed to pay for the trial have just pulled out half way through. As a charity they have had to re evaluate trials they are backing. Understandable as cancer trials have largely been cancelled across the world.
MODI 1 - Collaboration with BionTech on going.
Also have employed chief scientific officer and operating officer in Nov 2020 with a view to making trials for 4 products happen this year.
Red mile have bought up to the limit of nearly 30%. Any more they would have had to make an offer which was clearly not their intention.
Cash in bank £58 million.
This does not count £20 million awarded by Innovate Uk to develop COVIDITY.
13.5 to 14p sounds like a bargain!!!
There will be many bumps in the road as Scancell shed the dead wood (therapies that are proven not to work) but there is a reason why Lindy Durrant has close intellectual links with BionTech IMO. They need her as much as she needs them. More compelling is that they are both involved with Redmile.
Redmile don’t back losers as far as I can tell.
These are facts that are easily available from many sources.
ATB