RE: Resubmission31 Dec 2022 12:51
Hi batonrouge, as far as I know, 1801 was never used as part of the AGILE programme, which was supposedly meant to "fast-track" potential Covid treatments. This is what irks me the most, and probably a few others. We were issued an RNS on 1/7/21 to say that, pre-clinical, 1801 had been proven to be at least as efficacious as Baricitinib (the apparent Covid "wonder drug"), yet without its potential side effects. Happy days, I hear you say. Indeed, and it's probably what attracted some additional investment (in particular, from the HNWIs) in the weeks subsequent to that RNS. Since then, there has been nothing - no follow up, no update re: AGILE, no action. This, for me, is the biggest question mark over the BoD. Why on earth didn't they run with the Covid angle? The potential was there, and the momentum was there, yet they took their eye off the prize. This was a lost opportunity, and a major misstep in my opinion. I remain confident, but I have to question the Board's commercial nous. Anyway, I'm hopeful that 2023 will provide us with a more certain direction of travel - CTA approval, return of 737, will both surely prove to be positive catalysts. Happy New Year, one and all.