Thanks for reminding me to rewatch this video6 Aug 2020 11:48
https://youtu.be/npEFq4AiuIY
The video is pre the hospital trial results.
Just my random musings from it.
In regards to the home trial, Richard rephrased from happy to delighted about the improved efficiency of NHS testing with a quicker turnaround in results for Covid diagnosis. He was already talking about local clusters and as we can see now, local clusters are being picked up quickly via the testing, I’m hopeful that home trial will be completed.
Pre results, as the interviewer suggested, there was a notion that home results would be better than hospital due to the earlier the drug being given the better. I’m trying to imagine home results being better than hospital!
Coronavirus was a call to action for Synairgen and Richard talks about trying set up trials in China and Italy before eventually starting the trial in England. For me, this bodes well for trials in other countries going forward (if needed).
A small note, Woodford at his peak holding, held 20% of SNG. Not sure if that is positive or negative but worth noting.
COPD trial was already funded. The funding a few months ago for £14m funds hospital, home and the supply chain.
The interviewer pressed Richard on whether more funding required. Richard said he couldn’t say yes or no but went on to say, we need to see the strength of the data. Well we now know how strong the data is.
Richard goes on to say the strategy has ALWAYS been to either forge partnership or transact with large company.
He then says Synairgen and in position currently to take away risks first to enhance the value of the asset. He talks about data and approvals. For this we can gauge the route the company want to take.
All comments are my own interpretation of the video. I would recommend investors watch or rewatch this video. It only has 2.5k views.
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