The evidence26 Jun 2022 15:29
Do not get me wrong when you read this, I wish as much as anyone that this cleaving works. Even more than many of you because I have a very close relative who would benefit from a drug delivery mechanism that works. Also, but of absolutely no consequence in the grand scheme of life, I have a significant percentage (15%) of my portfolio invested in Avacta.
But I do have concerns. Those concerns are based on my experience of the AIM market of the last few years. Three risky investments have recently completely let me down, Sirius, ODX, and 4DDDD. On all their message boards the authors expressing caution were regularly criticised. Also having an emotional attachment to the shares tended me to read the positive posts more than the cautionary tales.
On this message board there are some staunch defenders of the stock and I would like to raise some questions to help me avoid emotional decision making. Most of the abusers are already green boxed so don’t waste your time responding.
The first dosing was August 11th 2021. So at nearly 12 months we approach a critical moment. What if the approach means that the release of Doxirubicin is negligible/nil?. It would mean that the Phase 1 would be successful as that was what it was meant to test, was it not? ie what is the maximum dose that is tolerable the MTD. If as recently suggested there is not likely to be a MTD identified then could that mean it doesn’t release into the body at all? Would the recruitment of more cohorts not be part of the rigor needed for it to be a statistically valid trial? Would the development of PET scan testing imply that the actual cleaving is not easy to detect. And finally is it possible that it only delivers doxi to the extremities of the tumours?
AS received such a mauling on this board for the Virus diagnostics that I am sure he is being extremely cautious. So when he says it is proceeding very well I am reassured somewhat. Does that mean that it works, and not that the trial has merely proved the drugs can be delivered in larger doses than conventionally dished out ie efficacy has not yet been tested.
GLA