RE: Nanogenics21 May 2025 20:01
Orphan drug status for Nanogenics liptide therapy in USA was applied for last July. A decision was supposed to have been reached after 3 months. At the same time after yet another placing in June an oral IBD delivery system appeared on the radar which seems to have overshadowed everything else being granted a patent in December. Nigel is the consummate carrot dangler . Quite hard to keep up with, but nothing quite comes to fruition before another change in direction and further research which usually involves another placing. Are they really getting anywhere? There is a separate website for nanogenics ltd but no real news or anything with specific dates such as, one would think relatively important, the orphan drug status decision . It makes it look like the £350,000 raised for an ultimate 67% stake has been a bit of red herring for a company in such a precarious state, grasping at too many straws possibly. IBD probably is the biggest market as diseases go , but they knew that before they got involved with Nanogenics. they do seem to be focussing mainly on Nuvec now, which is probably their best chance of success. What was todays announcement about Fiske having 18% of the company and still having 18% of the company? Its almost like they make these Holdings RNS deliberately ambiguous so as to relay no useful information at all