Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I very much doubt a bid at 50p would succeed if the SCIB1 / iSCIB1+ results are as we hope they will be by the end of this year. Maybe £1 would succeed if Vulpes and Redmile are willing to accept but I think that would be a big IF. A $1.5bn market (or much larger for iSCIB1+) could easily deliver $1bn annual profit given how relatively easy it is to manufacture the vaccine...
I think the purpose is to move us from a position where there is limited awareness of Scancell's work and early results to a position where there is high awareness of Scancell's work and early results with major Pharma's keenly awaiting further results. Instead of Scancell needing to knock on big Pharmas' doors they will be knocking on Scancell's.
Hi TGTD
you were recently stating that FDA approval is needed before labs can use Parsortix for cancer types other than MBC. Here is the definitive answer courtesy of Andrew Newland.
'I can confirm that Parsortix may be used in CLIA laboratories for multiple cancer types as long as each laboratory independently establishes and validates a Parsortix based assay specific for the purpose they require. Each laboratory has to take full responsibility for demonstrating adequate analytical performance and securing certification (through CLIA or equivalent) for their individual assays.'
Hi Bantham
I expect that CLIA labs are not confused and know exactly what they can and can't do. This is all that matters (not the confusion cased by disinformation spread by ill intentioned posters).
Wrong TGTD. CLIA labs do not need FDA approval to use parsortix for testing any cancer types. As long as the labs have validated the tests that they are offering then there is nothing stopping them from offering the test. This is why Angle are developing the Ovarian and Prostate tests (clearly there would be no point them doing this if lack of FDA approval would prevent the tests being carried out by labs).
Here you go TGTD - approx 320,000 CLIA approved labs in the US. In due course, once they are fully developed by AGL, the subset of these labs that are commercial labs could provide the Prostate and Ovarian tests using parsotix.
https://www.cms.gov/medicare/quality/clinical-laboratory-improvement-amendments#:~:text=In%20total%2C%20CLIA%20covers%20approximately,for%20implementing%20the%20CLIA%20Program.
TGTW, how many times must I tell you this. Parsortix can by used to clinically test any cancer when the test is developed and undertaken by a CLIA laboratory - no need for FDA approval. This is how the prostate test will be delivered for example. Also parsortix can be used to support clinical trials of any drug in any cancer type. The Angle labs are ALREADY doing this.
Read slowly and let it sink in.
Hi KonarA - I think it is that fact that it is a late breaking abstract with embargoed content which has raised expectations of an RNS. By the very nature of the content being embargoed it must be data that hadn't been shared previously, and hence the expectation of a RNS on Monday to share the information with the market.
I agree, the volume is small beer and for multiple employees so probably relates to an internal incentive scheme for employees. I don't think we can read anything into this regarding closed periods.
TwoGoodToDie
Obviously it didn't sink in last time because you are still posting the same nonsense (deliberately no doubt).
CLIA approved labs are allowed to use Parsortix to perform laboratory developed tests on ALL cancer types. No need for FDA approval.