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The near halving of the share price is not imho due to the fundamentals of the company but a large seller more than likely the same one thats been dripping stock into the markets for months triggering a massive amount of stops.
Imho once a deal is concluded on XF73 Nasal, the JV wont hang around with phase 3 they will be right on it.
FDA /EMA. Clinicians will be pushing this study to be started and competed ASAP
XF73 is a product that was needed yesterday.
IMHO the M3 update has done the damage
A change in the dose formulation will no doubt lead to a renewed phase 2 study.
How much funding will DEST be required to contribute to this new phase 2.
Phase 3 now looks at least 2 years away
Aimho
Dr Bill Love, Chief Scientific Officer of Destiny Pharma said: "I would like to thank NIAID for their support and collaboration throughout the preclinical safety study in XF-73 Dermal and I am delighted to announce this positive dataset.