Sales and Marketing1 Dec 2020 10:43
Let’s address the trolls face on:
1. Synairgen has appointed a 3rd party to negotiate the partnership/ licensing/ potential take over. This 3rd party is an expert in this field.
2. How safe is SNG001- if you need to ask this question you shouldn’t be investing. The company has been on th journey for 15 years. They have significant data on safety including 3 phase 2 trials. There is also independent data which shows safety of drug.
3. The Phase 3 trial is not delayed. The company confirmed Q4. The set up of a 20 country trial would normally take over a year. The team at Synairgen will deliver this in under 2 months. Also as I said earlier, the set up is as important as the trial itself. If Synairgen are going for BLA in America after the Phase3, they need to be 100% sure the FDA are happy the protocols in place will meet their requirements.
This is around the trial and equipment used.
4. I agree the Home Trials could be marketed better. I have emailed my thoughts to the business. I have even offered to leaflet drop my village, if the company provide a suitable PDF leaflet.
5. Ultimately I am shocked at how negative some posts have been. I guess if you are a trader you will be upset at the significant drop in price. However that loss is a paper loss only, similar to the 75p to 32p drop earlier this year.
As Richard has said many times. This share is about the End Game. If you can’t wait 6 months for what has the potential to be a life changing return, you maybe should be invested in Synairgen.
6. Valuation seems to be a dirty word here. I believe a Anti Viral drug like Synairgen will be worth £2 billion plus once approved. I know this number seems CRAZY and I will be shot down. Before you do that, maybe look at some historic sales !!!
In summary, the team are best in class and delivering a global Phase3 trial. We are desperate for it to start, no one more than the poor Covid19 sufferers in hospital. However the trial needs to continue to be best in class to ensure the approval process is expedited at the end. This is the final step to drug approval, it needs to be perfect and meet every regulatory requirement across all countries.
Very very exciting weeks ahead !!!