RE: Investor Presentation11 Aug 2021 17:04
I have explained this to you before.
It's an Individual Expanded Access Program. But don't let facts get in your way. Anyone would think you were looking to wilfully mislead potential new investors here.
"Purpose
The biggest difference between an EAP and a clinical trial is the purpose that they serve. A clinical trial is conducted by a drug manufacturer that wants to get its IND approved and licensed for use. In order to receive approval, the manufacturer has to prove to the national health regulatory body that the drug is safe to use, and that it is as good as, if not better than, current medication being used on the market. Clinical trials allow a manufacturer to use its drug, in a controlled and regulated setting, to treat patients in order to collect this necessary safety and efficacy data.
An EAP is different. Although an IND manufacturer can still collect safety and efficacy data from patients enrolled in an EAP, these programs are not established to help get a new drug onto the market. Instead, these programs are set up solely to provide much needed medication to where there is an unmet medical need. The drug manufacturer usually provides the drug through an EAP because it is the patient’s last hope, not because it has a lot to gain."
https://www.wepclinical.com/eap-versus-clinical-trial/#:~:text=The%20biggest%20difference%20between%20an,the%20purpose%20that%20they%20serve.&text=An%20EAP%20is%20different.,new%20drug%20onto%20the%20market.