RE: Well done HEMO ...28 Apr 2023 09:13
Just finished reading the report
Have to say, a good update.
No surprises, which is a good thing and what I expected. Contrary to the FUD from the trolls - proves to me that whatever people's thoughts are on comms, the progress has been in line with what I expected.
3 take aways for me....
IND - very near future. Could be days, could be a week or two. But sounds very close and the extra time has been used to get it 'right first time' significantly reducing the risk of FDA objections
Cash of £6.5m, no need or expectation to raise for at least 12 months. (Although, I was hoping they had nearer 8)
Confirmation of partnership to support phase 1 trials.
Onwards and upwards...
We can look forward positively to some great updates this year...
IND submission
IND clearance
Start of trials
CBR results
CDX update
Early results in CAR T
No dilutive funding