From Myles update note last month9 Jul 2018 13:37
https://twitter.com/AIM_Chaos/status/1016275136083841024
https://aimchaos.files.wordpress.com/2018/06/n4p-update-note-14-06-2018.pdf
From the mentioned page 3....
It is also important to note that were the Phase I trial to be unsuccessful, that would not be a major
concern for the Company. As the CEO stated in the RNS of 18 April:
“The data gathered from the Trial will enable the Company to establish whether its reformulation has
been sufficiently successful to allow N4 Pharma to prepare for a pre-IND meeting with the FDA towards
the end of this year or whether further amendments to the reformulation may be required to optimise
efficacy.”
The properties of sildenafil are not being trialled, but simply the method of ingestion and whether it
enhances the properties of the drug specifically for treating ED, in comparison to Viagra. If the trial is
unsuccessful, then another Phase I trial will be rescheduled at a cost we estimate would be circa
£0.50m, with the physical makeup of the drug being tweaked. Of course, as the AIM market is
primarily driven by retail investors (sentiment and short termism regularly trump rational
valuations), N4P’s share price would in all probability take a severe hit if it were it deemed necessary
the Phase I trial had to be re-run. For longer term investors, this would permit an excellent
investment opportunity.