Need reconfirmation2 Aug 2018 21:59
The Company is currently awaiting confirmation that its first pre-clinical milestone has been achieved, which will result in the initial £500,000 payment from Newsummit Biopharma ("NSB"). In addition, the Company is on track to deliver its first human pharmacokinetic data in early 2019. MHRA clearance is expected in November 2018 with patients scheduled for dosing in January 2019. All clinical materials have been generated and are ready for study commencement at Quotient. Demonstration of bioequivalence to the reference product will trigger a further £2 million payment from NSB, whilst the marketing of the Rest of World rights will commence in Q3 2018