Huge milestone for mode that unlocks a huge market for growth. Drop in the Arcadia results any day now and 0.2+ be in easy reach Patience will pay here GLA
I think with the new covid delays and cases on increase if arcadia is positive i think will be on national news as be a great story for the fight against covid. Good luck all great price to get in at !!!
Awesome find Jimmy Major move around ready to all be rewarded when the positive results come out. Makes it easy to distribute shares and all be in place if drug gets commercialized
https://clinicaltrials.gov/ct2/show/NCT04516759 This not a one trick pony, AZD1656 has been around for years and used in diabetes treatment, seems to have been tested many times and always good results (but we await covid results) This is great opportunity , UK Government, Mubadala, SGS, AstraZeneca all these names wouldn't risk millions unless they feel good results and especially ROI.
Under the terms of the agreement, SGS will pay Vela 8% of proceeds received by SGS in excess of GBP19.2 million. Could be 8% of a huge figure if becomes a drug that can be prescribed by GP
https://www.arabnews.com/node/1760616/middle-east For those who like research look up Mubadala these are major fund in UAE. If this works will be snapped up quickly for top money This could be catalyst Vela needs Good luck all
we all knew this would happen, great to see some chunky buys !!! Any day now its exciting and hope the results are great to help out fight this Covid S***e
Subject to successful indications in June 2021 about the outcome of the study, conversations about commercialisation and potential license deals with third parties will commence at that time.
1 million people in UAE have diabetes Mubudala healthcare see this as a great benefit to UAE. Read up on Mubudala Bitcoin will be over $40K again shortly Do the maths :-)
AZD1656 project cost £4,720,294 and required a grant of £3,304,206 Big money in play with this trial research is needed into this as will unock your investments
Was here when it shot up to 0.18 for no reason, i sold up and moved on but been watching updates. 2 things in play crypto may break out so Mode will move up. Arcadia seem to be linked with AstraZeneca which can only be a good thing. Mubalaba i have come across in other investments, they don't put money in for fun. This looks ready to go and as we move closer to results will tick up. best case crypto goes ATH and the drug is sold easily 10 bag+ from there. Not ramping as still few months hold but got to get in at right price GLA
Hi All back in vela due to impending arcadia results of AZD1656 phase 3 trial. Done some research and didn't realize Mubadala and Uk Gov funding this. There lots info already out saying ot works and lowers blood glucose. Trial results month end then 8 weeks on announcement. Great time to take a position. Look at Mubadala they serious players (Follow the money GLA)