A Stateside Shift by Synairgen14 Oct 2020 23:22
A monumental RNS tonight from the company. What a statement to both UK Pharma, UK regulatory authorities and, most of all, the UK government. Aren’t our government absolutely b useless! OK you don5 want to help us we’ll go elsewhere. Given them the finger basically. Good. The whole emphasis has clearly moved over to the USA. Look at the evidence:
1. The trial to be run through the FDA.
2. Paraxel Biotech (a US based company) to conduct the P3 trial
3. Akron Biotech (a US based company) to manufacture the SNG001 drug
4. Aerogen (good presence in US though international) to manufacture inhalation devices
5. Last but not least the US investors currently on the Share register. I expect further US investors to climb onboard in the placing. Those TR1’s are going to be very interesting.
Yes, for now, they are going it alone but cash-rich and 100% in control of their destiny. I previously thought AZN were the favourites to take them out but now I think the chances it will be a US suitor have grown substantially. Pfizer, Gilead, Lily....? Any one of those.