Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
quick question - would the market not be starting to price this into the current sp (i.e be rising) if a buy out rumour had substance to it? Forgive my ignorance - not been part of a buy out possibility before..... not meant to be perceived as or sound negative, just wanting to understand how these things tend to flow......
The FDA updated the info about the emergency use of Remdesivir yesterday - I can't help thinking we might go the same way....some interesting info about their EUA practices - taken the link from the @US_FDA Twitter page
https://www.fda.gov/media/137574/download
Doesn't reassure really.....
https://twitter.com/itvpeston/status/1283497024550309888?s=20
https://www.ft.com/content/f63f9e25-a291-4871-9d4b-2fcf93c4969e
surely with views like this, surely to beat this horrible situation, all the tools will be needed
https://www.ft.com/content/f63f9e25-a291-4871-9d4b-2fcf93c4969e
think this was posted today
https://video.foxnews.com/v/6175523601001/
Might be worth a read - relates to EU availability of Remdisivir, just thinking about next steps for SNG
https://www.dw.com/en/is-compulsory-licensing-of-remdesivir-a-feasible-option/a-54103280
Anyone else seen this as yet? - I'm trawling this evening.....any thoughts?
https://www.sciencemediacentre.org/expert-reaction-to-announcement-by-synairgen-that-their-drug-sng001-has-had-positive-results-in-initial-trials-on-covid-19-patients/
Taken from the transcript - i agree the 12-15 year reference feels like a leap to me - he does refer to a therapeutic though....doing my best to maintain objective
"In the meantime, we’re working very hard on therapeutics and a vaccine for the China virus, which remains our top priority and which are coming along at record speed. Thank you very much, Dr. Hahn. Been fantastic. You really have been fantastic. Two vaccine candidates are entering the final stage of clinical trials this month. Right? Two. And several more vaccines will enter final trials in the following weeks.
I did speak to one just recently; they’re working on therapeutics, as opposed to vaccine. And frankly, I’m — that’s the most exciting to me. We can walk into a hospital right now and get people better. I like that even more. But the vaccine, long term, will be great.
So we have them both going. They’re both going rapidly, and they’re both going very well. And, I guess, the early indications are beyond — we’re beyond happy, right? It’s beyond happy."
think this is where it came from
One of the other things I was talking about — drugs in the pipeline, for getting drugs approved. And it does cost billions of dollars, and it would be 12 years, 15 years. And under Dr. Hahn and Scott, before — you worked very hard; Scott Gottlieb — we’ve got that down to a number that’s less than half, and we’re going down further. We have to make sure it’s safe.
https://www.whitehouse.gov/briefings-statements/remarks-president-trump-signing-executive-orders-lowering-drug-prices/
in the spirit of being balanced - the article does have this line in it too....
Meadows added: “We’re not going to have a solution to this. It’s not masks. It’s not shutting down the economy. Hopefully it is American ingenuity that will allow for therapies and vaccines to ultimately conquer this."
Mark Brewer, analyst at broker finnCap, increased his price target to 360p, which implies 886% ‘upside’ from Friday’s close of 36.5p.
He added that quantifying the coronavirus opportunity was “nigh on impossible” as he admitted the valuation “could go substantially higher”.
What happens next will depend on the “upcoming discussions with regulators, which should clarify the route to market and the potential for buying SNG001 ahead of the winter 2020 flu season and the possibility of a second wave of COVID-19”.