RE: Expecting a RNS28 May 2025 16:33
4-5 months ago Hemogenyx were not clinical, we were significantly undervalued and frustrated at the SP and mCap, but we were reliant on shareholders and traders to recognise the value and buy to support the SP. We lacked the support of the market needed to buy available stock and cover any dilution and as a result SP is where it is.
Today Hemogenyx are clinical, there are 2-3 patients in trial and so far looking good, and with clinical results Hemo and HG-CT-1 is looking more and more attractive to big pharma. 2 weeks ago we did not have a patient at 3 months, 2 months ago we did not have any efficacy results from bone marrow, its just not the same now.
We are not going to get the funding we need from shareholders swallowing discount placings its categorically not going to happen, they need millions and even if the vote for 100% is passed and they raised the full whack next week that would not pay for trials for a year.
Been alot of talk about Senti Biosciences and their FLT3 candidate, as per Haywain it validates our choice of target, its the same, if it works for Senti it works for us. HOWEVER CAR-T is longer lasting and more effective over time vs the short lived CAR-NK, for senti one patient experienced complete remission and was deemed cancer free which is fantastic but others needed BMT and further treatment. HG-CT-1 hopefully will be a one dose treatment, either way they are distinct enough that the FDA will likely approve both in time.
So Senti Validates us and they are months ahead in trials, lets say they get approved and bought out by a big pharma..... Does that mean that all the other big pharma go and beg for a licence also or do they just let the buyer hold a market monopoly on AML? There is ALWAYS competition, its a race for IP, if someone buys Senti their direct competitor will want something to compete, right now there is not a lot of options.
I really do wonder how so many people cannot see the writing on the wall, at 7million the mCap of Hemogenyx is a joke, a literal joke, HG-CT-1 is a slightly superior analogue to Senti which is 1000% more expensive than Hemogenyx and every patient they treat validates HG-CT-1 and its choice of anti FLT3 as a target and YES, big pharma are starting to twig on.