RE: Trinity12 Apr 2022 14:25
I suspect the 10% is from industry averages of phase 1 trials going on to be successful (possibly refined to be in a similar area / target to Scancell ?). It won't take into account the lab work , the actual science / mechanism, and the amazingly talented scientists (LD and others) behind these products. Also, I don't think it is accounting for the first SICB1 trial already showing huge efficacy - this is a biggy, as everything is from the same stable here.
If you take the time to really research and understand the mechanisms at play, you will come to your own conclusions on percentage odds.
These reports are a good starting point, but investors should understand what they are - slick charts and fancy words wrapped around a spreadsheet model with figures from the Scancell website and industry averages fed into them.