RE: Two Possibilities14 Feb 2024 05:58
Interesting topic and interesting comments. Some observations:
The company only needs to communicate if there is price sensitive news. It is not required to provide new sheets to bedwetting investors. That said, the lack of news about the 'short' 'parallel' Arm 2 study starting 5 (FIVE) months after ANNOUNCING the intention to do it is deafening.
C7 data has not been released because they are still being collected and, anyway, it is *not usual* to RNS individual bits of clinical trial data. Show me any company that RNS's that. However, what is really meant here is "Why hasn't the company released the Arm 1 safety and tolerability data?" and the answer is, as AS has alluded, that it will be presented at conference where it will have greatest impact - the purpose of conferences is to present first reports of new findings, ffs - and presented in full detail in a peer reviewed paper for the world and posterity.
'The platform is proven' (and 'It Works™') means that the peptide linker in the pre|CISION substrate is cleaved solely by FAP and not by any related enzymes. It does not mean that all pre|CISION substrates will be inert (not biochemically active until meeting FAP) nor that there will be enough ACTIVE FAP to cleave therapeutic levels of the cytotoxin. I would suggest that the microenvironment not just in the tumor but in the whole body is a lot more complex, subtle and nuanced than PIs imagine.
In addition to the lack of clarity about which camera are susceptible, the platform has further not been proven to industry licencing or takeover standards because AVA6000 has only been used in Phase 1 on pretreated end of life patients. A pivotal Phase 2 (@Thorn, note it is Phase 2 or Phase II, not Phase 11) trial on clean untreated patients is needed to prove efficacy in the clinical setting. And in any case, deals take a long, long time to arrange and we should take comfort that the bigger the deal, the more thorough and protracted the negotiations - a point that should be appreciated.
My thoughts on the falling SP? I hope it is down to 20p come 6th April.