Milestone17 Feb 2019 23:46
Investing is down to our own personal needs. Ego can ruin any decision. As can a financial predicament cause a forced decision. It’s life in a monetary world.
Here, Sareum have a currently successful compound worked on via Pronai going through trials in humans. Orm123 being a primary source of evidence.
In the meanwhile, our tyk2 compound, which Sir Tim and John are hugely confident in, needs finances to push into P1 approval. The recent placing took that into account.
From an investing point of view, it’s about when you want your money plus some more back out. From Sareum point of view, it’s about doing everything correctly and making sure you mitigate risk and get a commercial deal at or before the P1 stage. If you’re confident of that, then hang fire. However it may take another year for that to happen.
In the meantime, a milestone payment from our Chk1 looks likely as I’ve not seen any evidence it’s failing, and indeed the recruitment for p2 trials have commenced.
Love peace and harmony.