RE: 3p to 5p with a Pharma deal secured? Already FDA approved.14 Apr 2026 10:43
Thx. Please see <** queries/comments **> :
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TRANSCRIPT FROM DAN GOODING INTERVIEW April 1st:
Why fundraise now? <**cos we've run out of money again?**>
I think as we’ve stated, our objective is to find a licensing development partner from this moment. The orphan drug designation should help us pursue that objective towards completion <** How exactly has the EMA ODD granted a year ago now, done that? **>. TO DO SO EFFECTIVELY WE NEED TO NEGOTIATE FROM A POSITION OF FINANCIAL STRENGTH <** £1m = financial strength, really? What will be left after the due dilligence trials and salaries?**> and also progress the programme. WE NEED TO ADDRESS TECHNICAL QUESTIONS AS THEY COME UP DURING THE DUE DILIGENCE PROCESS <**Why have those questions not yet arisen if the talks have been going on so long? **>, which, as some people know, has been going on for some time <** can't argue with that **>.
So, with the raise, we’re now able to ADDRESS A SMALL NUMBER OF POINTS that have arisen from that process to date <** Why only a small number? Why not all? **> and by addressing those exact points that have arisen, we’re adding value to the programme each time we’re able to do so. <** what value is that? **>
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They have interest from multiple partners (one being a big pharma company) <** hard proof please? **>
They are “addressing a small number of points”. <** again, why only a small number? Why not all? **>
And as per RNS not all studies need to be completed for a licensing deal.
News could come any day… <** 🥱 **>