RE: Is this a possibility?5 Mar 2023 08:47
"First sign of the funds being drawn down and I’ll be back in but until they have need for the money they haven’t settled on a route forward." Ghia, I'm not sure what you mean by this - can you explain? Which funds, and what do you constitute as the "drawing down" of funds? How would anyone here by privy to that "drawing down"? If you mean a public showing of spend, we already have this to some degree with the hiring of a Medical Affairs professional. Your assumption is also that the company require funds to progress at this stage but maybe they do not - what are you basing that assumption on?
Trinityman, to answer your question I am not tied to dates. I look to the AGM as the next anchor point - an update to shareholders can't be sidestepped there. Unless we hear sooner, I expect to hear of progress made then and a clear path forward at the AGM. All of the signs I am reading (recent hirings, RB continued support to meet clinical need, onboarding of new NEDs with PE / funding and Development/Commercialisation experience ) appear calculated and positive.
Doc.Daneeka, to your point about the Universal Trial only being useful when the study ends, I disagree. I see no reason why data collected to date cannot be used from this observational study, no reason that the data only becomes usable at study end date. It is not a clinical trial. I would expect any valuable learnings/output to be informing plans already.