RE: Edison note12 Oct 2022 16:45
We see this latest development as a mild setback for Sareum given that GSKβs support could have accelerated development activity on the drug, triggering a $0.55m payment to Sareum from first patient dosing in a new clinical trial. However, it does provide Sareum and partner CPF with an opportunity to actively assess future development plans for SRA737, leveraging the positive clinical data.