RE: For all those still on the fence ... read this !!!!2 Feb 2023 20:44
Agreed, decent article Mr I. However, slightly misleading in his comments. ‘Nowhere close’ is subjective. Bearing in mind a drug usually takes a decade of development before going commercial HEMO CAR-T is 4/5ths of the way there bearing in mind their clinical trials are anticipated to last two years. That’s when they could generate revenue from the therapy. As for regulatory approval, well it’s anticipated IND will be submitted as early as next week, so we’ll know whether they have clearance from the FDA 30 days from submission, when not only will HEMO CaR-T therapy be used in its first human but that’s when Hemogenyx will officially be designated a clinical company. Loads of milestones to achieve and each an inflection point in their own right. Personally I think CAR-T will be sold for a lot of money long before trials are completed. And that’s just one product candidate. CDX as well as CBR to progress in parallel. Very little risk, huge upside imo.