RE: New here22 Sep 2020 22:51
Hi Dean welcome to DDDD lets focus on the game changing news that could be announced any day now. I received a reply to my email this morning confirming that the results would be published before the end of Q3 for our live bio-therapeutic candidate Blautix for irritable bowel syndrome (IBS). It is looking to address both IBS-Constipation predominant (IBS-C) and IBS-Diarrhoea predominant (IBS-D).
So why is this so game changing well lets take a lot at the below research.
The global irritable bowel syndrome treatment market size was valued at USD 1.5 billion in 2018 and is anticipated to exhibit a CAGR of 10.1% over the forecast period (2020 will ow be over USD 2 billion). Rising prevalence of target disease, coupled with increasing uptake of drugs for the same, is driving the market.
The market mostly remains undeserved, with a considerable number of opportunities for pharmaceutical companies to address several unmet needs in this therapy area. There are a few promising products currently under clinical trials, which can further accelerate growth (this is where we come in) . Product sales are projected to grow significantly over the forecast period, mainly due to increasing prevalent population and commercialization of novel drugs to treat Constipation-predominant irritable bowel syndrome (IBS) Irritable bowel syndrome is one of the most common functional gastrointestinal disorders, with an estimated global prevalence rate of 10-15%. According to the International Foundation for Gastrointestinal Disorders (IFFGD) in 2016, it was estimated that IBS affects around 25-45 million in the U.S. About 2 in 3 IBS patients are female and most people with this condition are under the age of 50.
What does this mean for us well financially lots I have posted a good few examples today if you read back :-)
Then add to that we have already had a very promising result for our Oncology live bio-therapeutic candidate MRx0518 in combination with immune checkpoint inhibitor (ICI) Keytruda relating to advanced or metastatic non-small cell lung cancer, kidney cancer, bladder cancer and melanoma. Where Phase I/II results achieved a disease control rate (DCR) of 42%, with five of 12 patients experiencing a clinically meaningful benefit from the combination. (42% was well above the expected 10% to consider the trial a success) Furthermore this trial is supported by Merck one of the worlds biggest and most innovative Pharma companies. Recruiting for phase II Part B is now under way taking up to 30 additional patients per tumor type.
Furthermore we await progress on our Covid 19 Phase II trial with results expected in Q4. Recruiting has slowed down for this trial with the inevitable controlling measures put in place taking effect on reducing hospitalised patients. However with wave 2 of Covid now firmly in motion we can expect and update on trial completion in the not to distant future I am sure.