RE: Investor meet4 Mar 2023 05:58
Part 2
3. They said they expect to get market exclusivity in US, Europe etc. Lmao. Let's say it works and eventually they do get approval in US. What will probably happen if they relied on their patent for market exclusivity (they don't, instead they said they rely on FDA giving them NCE) is the companies that have their own p38i they prepare to go to market as well (most likely they will start preparing after polb has a succesful phase 2, not after approval) and they are not even going to ask polb because their arguments are really weak.
This is not an original idea, many studies have suggested use of p38i in viral infections going back over 15 years. Now let's say they complete development (so a clearly succesful phase 2 and phase3) and get to the finish line with no other company doing the same after the successful phase 2 AND the FDA decides to give them some protection. They get 5 years of exclusivity. I would be extremely surprised if they manage this. But let's say they do manage, forget the billions some people here dream of, it isn't the same as a 20 year exclusivity window a PROPER patent would allow, here they rely on the regulator to give them some limited protection. Most of you didn't notice probably, but they base their strategy not on the patent (obviously) but on getting NCE from FDA that would maybe allow them the 5 year exclusivity window). But, really, given the data they presented, are they really going to get there, imho, it is unlikely and in any case there is a loooooong road ahead.