RE: Scancell v the rest22 Mar 2023 21:30
I was once on the point of selling Scancell but instead I decided to learn as much as I could about the science.
With the help of Inan and a few other posters, it was a real eye-opener. I started listening more closely to what Lindy had to say. What I perceived was a scientist that was getting ever closer to achieving her goals. At that point the main thing holding her back was the lack of cash.
But what really persuaded me to hold rather than sell were the number of other well respected scientists that admired Lindy's work. This included 15 member of the Grand Challenge, the 6 members of the CAB, Karolinska scientists, plus the many poundshop branches that help with the research.
Subsequent to that, were the investments by Vulpes and then Redmile. These constituted two more endorsements of the science via the due diligence carried out by these IIs and, of course, that much needed cash.
Now we have also seen the first concrete evidence of the mantra that "Great science leads to great data leads to great deals" in the form of the Genmab deal.
As chester points out, in the Modi1 trial, we may well be looking at the early stages of a replication of the success of the SCIB1 trial. So, if Modi1 proves to be markedly better than the current standard of care for these four indications, then you could see all hell breaking loose.
The science never rests as the SP goes down. The CD4 TCells take no notice of the SP as they go about their work.
Besides the CD4 TCells now have a 12 and a half percent of success. They must be really pleased with that :-)
Of course, it is still a risky investment, but the risk does not increase because to the slow slide in the SP or Lindy not using the word "very" in the recent RNS :-)