RE: A realistic view of HEMO as an investment and the next rerate opp?4 May 2022 18:04
So everyone would be happy to spend vital resource for trials on additional Senior Management positions? In the past HEMO has never had the funds.
Now, you could say they have.
So what should be the CEOs priority at this point in its evolution? Marketing, a COO a hands on MD? None of these people would effect the progress of the science, the integral part of HEMO's potential. But I bet they would be demanding sizeable salaries. Trials are imminent (in pharma terms ;-) and I believe the shouted for PR will arrive at that point. We have been pre clinical for so long there is nothing new to tell the market. That will change when FDA give us the nod ;-)
IMO I'd suggest Vlad's priorities should be:
1. Making the remaining cash last as long as possible with HEMO CAR T phase 1/2a trials in mind. This is the golden goose right now. Cash keeps the wheels turning.
2. Do whatever it takes to get our IND app to get the green light for trials via FDA. I am sure we are already all over this.
3. Have a planned strategy to secure non-dilutive funding when those options become available in our trajectory. (I understand we are on this as well)
4. Impress and wow the potential suitors in the ongoing CBR platform talks with other pharma with whom we wish to partner up and secure ongoing funding of that project via that route. "Talking to governments"?! Sounds very exciting. You'd think there wouldn't be a government clambering for some sort of 'defence' against future viruses after COVID 19.
5. CDX can come right back into focus once HEMO CAR T hits trials. In my view Vlad will be looking to partner up with CDX too for different specific diseases that CDX can treat with different partners (Hopefully!!!). We certainly wont be raising to take CDX forward at this SP as they simply wont get what they need. The SP has to be a great deal higher for that sort of raise.
Anyhow, HEMO remains a pearl of an investment. Some peripheral stuff continues to P!55 me off (the last interview was very poor imo) but the fundamental scientific pre clinical breakthroughs are novel and 100% required by the human race. The world needs HEMO CAR T, a CBR platform for disease X and CDX Monoclonal antibodies to support the medical profession save more peoples lives.