RE: Reply20 Oct 2022 12:25
HSD there are no other funded PT trials that would be appropriate. Mani can only be talking about JVs for Flu or Copd. No chance of a Covid JV - except on the most disadvantageous terms. If any Big pharma liked our Covid data they'd just buy the company and get it done themselves.
Remember that Proactive interview - RM did not say the word Sprinter once and did not reference it in any way except the most general. I'm increasingly of the view that something negative happened between his bullish " hell yeah we'll be dosing this winter !!! " at the AGM on June 30th, and the Proactive interview on Sept 29th.
The key passage is from 2 minutes on.
Q. Are you moving away from Covid ?
RM. No it's merely a continuation of what we were doing before....... "
concluding with
" our purpose now is to generate data that will ultimatley lead to the registration of this drug as a broad spectrum antiviral to treat severe viral lung infections "
At no point in this lengthy answer does he say they still have the ambition of a P3 to confirm the positives from Sprinter.
2 possible scenarios for this change in 2 months. The first is that STRIVE said no - we can't or won't take the drug forward. The second - more optimistic - is that they knew the LC data was good and had already seen the COPD data - and in the new "Covid is Over" world, decided to return to the company's core ambitions - perhaps with the promise a]of some sort of JV for one of the other conditions they mention.
Obviously - as I've posted before and many seem to agree with - it the latter was the case and they cannot find another way to stand up the excellent post-hoc analysis of Sprinter and the supportive LC data, and have therfore given up on Covid, it would be a terrible shame for the company, for us as shareholders, and for the people who will die.
Hopefully someone looking in with more ambition will grab a hold of the drug and take it forward.
Worth another watch if you haven't seen it or need reminding of our CEO's mood in his most recent public appearance.
https://www.youtube.com/watch?v=hG84T6z7FqE