RE: Interesting Dates and Anniversaries12 Aug 2022 15:08
Hi C7
Lindy did intimate that it is so much more difficult for small bios to get trials going and then financing them properly.
The financing part of running trials is now partly solved by Scancell and we have three trials on-going.
Scancell also have that second lab at Oxford aimed at the development phase and then analysis of the trial results. This also should speed things up and perhaps lead to higher qualify work being performed.
We have seen two recent examples of trials being re-shaped by Scancell after trial commencement. This is another indicator that the extra money also brings added flexibility. This may be partly driven by the early results being analysed in the lab.
This is all my opinion, but I believe that Scancell, pre the Redmile cash injection, was a company that wanted to do lots of things but was simply prevented by lack of cash. Now, things are different, and the cash runway allows a chance to compile more data in a shorter period. I know it may not feel that way for many LTHs, for instance, having to wait over a year for Covidity results, but those results are definitely getting nearer.
We have seen 1 set of results (SCIB1) in Scancell's existence and now we await 3 more sets of results in the next 18 months or so. To me that is a huge difference.