RE: Vision5 Mar 2024 19:32
I think there could be many solutions to the funding issue that don’t involve placings as you have mentioned. I had thought that animal studies were already underway - don’t think it would necessarily need to be in monkeys - although ultimately that may be the hurdle to overcome from a preclinical standpoint to be IND enabling. The fact is that they are working with government with respect to CBR’s antiviral potential so i imagine that there could be a school of thought that the testing could be free. i would think that there would be a progressive order like rat, dog, monkey etc : but all would depend whether viruses are transferable inter species. ie need to have a human relevant model. i actually like the way some medium pharma companies have been structuring their deals by buying very early on assuming success and mapping out the financial road map in terms of what success looks like: ie x amount up front, x amount for IND approval, X amount phase 1-3. it allows billion dollar price tags for preclinical assets but only comes through partnering with medium- big pharma.