RE: Significant Shareholder4 Sep 2023 10:14
Right now that trolls are gone let's get back to stuff like this c/o weekend post from K
Long read, please bare with me! A bit of back ground.
In mid August, the company updated its significant shareholders list.
The 2 that were there, have now gone, probably because their holding was diluted after the pathetic raise ( which still irks me )
A new name appeared " Gary Marshall " and yes, that name is i would add, quite a common name. So, it could be anyone of the 1000's of GM's in the UK or world.
Rightly or wrongly, i have looked for GM's working in the pharma industry. They should have a better understanding of what it is PYC are trying to do and accomplish especially within "Precision Medicine" and their so called "Dosing tool"
However, we know that 1 of the names now not on the list ( and believe to still be holding ) is Zahid Ali. He works for a pharma company ( UCB ) .
So after mentioning it last night, and some great insights from GordonBennet1 as to why it would not be 1 of the GM's i mentioned in another industry.
It leaves 2 GM's, both in pharma areas. 1 works for Repare Therapeutics, the other is a GM who works for PSC Biotech.
Doing some digging on PSC, https://biotech.com/ they help various companies in many sectors.
On their website, they can help with "Regulatory approval" https://biotech.com/service/regulatory-affairs/ & "engineering" https://biotech.com/service/engineering/
"Personalised Medicine " thou its a US site so Persoanilsed is with a Z instead of a S !https://biotech.com/service/
You are probably thinking what has this got to do with PYC?
PYC have their dosing tool, which has been used within Doseme for a few years now ( thou there is some conjecture on this ) It has long been mooted that they want to expand it & be more commercial, especially within the USA pharma field. To do this, their "tool" will need Regulatory approval, especially with the FDA, and PSC help with that. Also FDA have a new thing called "project optimus" & PYC are one of the 1st UK coys attempting to trail blaze this initiative.
PSC say they can help with software and many other things that can get a product off the ground.
There could also be the thorny issue that if this is the Gary Marshall that works for PSC, and has got wind of what PYC are planning to do, and could even be the project leader ( his role ) then how does he get 3,2% of PYC, would it be legal?
Zahid Ali went above 3% days after the Doseme or ( DosemeRx as it was ) deal was released, and although he was not involved in anyway, as a industry "insider" it is hypothosised he could see the benefits of it. Just a real shame that after 3 years, nothing has really come of it. ( THRC who owned Doseme, sold then last year )
Anyway, that is my line of thinking, and as i have said numerous times, clutching at straws, and 1 day i maybe right!