Show me the money17 Jan 2023 21:44
Autumn 2022,Avacta meet up with Heights Capital, a subsidiary Susquehanna International.
We need £55 million bond to buy a diagnostics company at a rate of 6.5 %.
Heights Capital but you have never made a profit and you just foo ked up a massive opportunity in covid.
Avacta
We have this prodrug AVA6000 continues to be well tolerated by patients in cohort 4 with a marked reduction in the incidence and severity of the typical toxicities associated with the standard doxorubicin chemotherapy administration. Typical toxicities include alopecia, myelosuppression, nausea, vomiting, mucositis and cardiotoxicity. Importantly, even at the highest dosing levels in cohort 4, equivalent to more than double the normal dose of doxorubicin, the typical drug-related cardiotoxicity of doxorubicin was not observed.
We have also performed a number of tumour biopsies obtained from patients in different cohorts have also been analysed in order to confirm the release of the active chemotherapy, doxorubicin, in the tumour tissue. This analysis shows that AVA6000 targets the release of doxorubicin to the tumour tissue at therapeutic levels which are much higher than the levels being detected in the bloodstream at the same timepoint.
Heights Capital
OMG are you sure you just want £55 million…..