RE: interesting read24 Apr 2020 15:50
From placin rns
"Early data from this double-blind, placebo-controlled trial have demonstrated that the antiviral responses in the lung (assessed using sputum biomarkers) are similar to those observed in the asthma trial, where we saw clinical benefit in lung function.
Use of proceeds
COVID-19 clinical trial activity
£7m
Manufacture of SNG001 drug product and other supply chain considerations
£4m
Strengthened balance sheet for potential partnering discussions with regards to the COVID-19, future pandemic preparedness, and the COPD opportunity, working capital and fees
£3m