On a day like this just keep this in mind...1 Dec 2020 20:38
1. Phase III start is imminent - in 26 countries - led by Parexel (world-class global CRO)
2. FDA is providing guidance/advice on the P3 design at the moment
3. Hospitals are full of Covid patients (especially in the US) and there is a huge need as it will take months for the mass roll-out of vaccines (with many concerns surrounding adoption /uptake)
4. Home trial in progress, reported to be expanding to the US - huge need for home use /early-stage Covid treatment
5. Company fully funded following the placement, no pressure to sell IP to big pharma for peanuts
6. SNG001 is developed as a broad spectrum antiviral and NOT a pure Covid-play (as per COPD trials and many years of research across indications..i.e. Asthma)
7. 100,000 doses target for January - aim also to offer to governments (pending succesful interim P3 data) as a stockpiled drug to prevent further epidemics/pandemics
8. Phase II peer-reviewed in The Lancet
9. The scientific team behind SNG001 led by the recently knighted Prof. Holgate considered some od the finest respiratory care experts in the country
10. COPD - related use of SNG001 itself is worth in billions of revenue for any potential partners - COPD/flu complications second biggest reason for hospitalisation every winter in the UK
11. SNG recently included by the US Senate in the context of Activ-2
12. Managed Acces Program (MAP) signed with Clinigen to facilitate distribution
13. Possible treatment for long covid. The science works theoretically and will be tested on p3 trial at 60 and 90 days. Potential market of 10% of all covid sufferers.
14. Despite vaccine roll-out and the SNG SP dropping Numis have maintained their target of 9.90 GBP
15. If you think the world doesn't know about SNG - visit reddit Synairgen page for all the recent worldwide media exposure.
So, next time someone who doesn't know what COPD stands for starts telling you you need to sell now and invest in some random mining company -that SNG's a scam etc. just because vaccines are rolled-out -please remember the above. We all knew vaccines were coming and only the most naive investors believed SNG001 would be the only treatment on this planet for covid. The above is my opinion/reseach so please do your own research/use your own judgment and keep calm... patience is the key.
GLA.
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