RE: Potential Market6 May 2021 13:23
That is a very interesting suggestion soonbetime. However I think that, politically, in the west, at least, your proposal would not be seen as P.C.. So long as we have the possibility of chasing the vaccine magic bullet that will be seen as preferable to rampant infection and treating those exhibiting breathing difficulties and at severe risk of serious disease. There is a possibility that the establishment view would change in the future if the vaccine effort was seen to be failing but certainly not at present.
Having said that, the UK is unusual in having a very high proportion of people willing to take up the vaccine and therefore although the current target market for SNG001 in Britain is small, this is not the case in many other parts of the world including much of the US and parts of Europe. I still feel that if we can get authorisation before the winter we will be able to sell the product in quantity.
I am still spitting blood that we have had no information released on MAP penetration and Clinigen may not have supplied the drug to anyone yet. Very poor show.
I am not sure of the cost price of the product but in exchange for a legal release and agreement to provide data it could be a great humanitarian and PR move to donate say 100,000 (or even 10,000) treatments to one or more Indian states for compassionate purposes right now. I certainly hope that some of our investment has been put to stockpiling the product, otherwise if and when we receive approval there won't be any fast roll-out. Also Scinv may have a valid point that without proof of ability to deliver in quantity short-term the US authorities would not countenance EUA. We would therefore have to wait possibly up to Christmas and publication and Peer Review of P3 hospital trials before any authorisation is granted.
Very disappointing at present not helped by the fact that sentiment is diabolical, general market has shifted to value stocks and SP going through the floor.
Best to all
Spinnaker