Monthly Q & A :- Short Summary27 May 2021 17:11
Awesome zoom call! Big thank you to Suzy, Kevin and the rest of the team for making this happen.
Unfortunately I missed the initial few minutes of the zoom call, so my questions were asked by my sister.
VAL201:- Both Suzy and Kavin showed positive body language and i think they were trying to control themselves from giving out too much details. It felt like they wanted to say something but they couldn't. They were constantly watching each other trying not to say too much. Did anyone else notice this? This is just my take. I feel very confident that we will get a deal and that its not if, but WHEN the offer will come.
VAL301: Suzy said they are in constant talks with the Japanese's pharma. The Japanese's pharma is working on VAL301. They also mentioned that there is a cut off date, but if the Japanese's pharma needs a short extension then they will consider it. They also mentioned that Japanese are very thorough in their work, hence the delay plus due to COVID-19.
My take here is that progress is being made on VAL301 by the Japanese's pharma and we should get some news soon.
Suzy and Kevin seem very confident and not at all concerned about running out of money. I think their confidence is coming from their well thought out plan and receiving positive enquires in regards to VAL201. You don't plan the next 3 years if you don't have the money after 12 months.
It was also made very clear that this is a new company with a leadership with Integrity and total transparency with its share holders.
I feel very excited and confident about where Valirx is going. Looking forward to the next update!