Good Morning All21 Mar 2019 08:10
Well,I am a bit calmer now following this last RNS.At last VAL tell us some truths,firstly confirming that VAL-201 is safe in higher dose too(16mg/kg) and that The Trial still ongoing,secondly that another Compound VAL-301 a derivative from VAL-201, is doing well in preclinical tests,on the basis of which International Patents have been granted.The third truth is an admission that there is no buyers yet for the VAL-201.I have never thought that without hard Clinical positive numbers(statistics) there would be any buyer.I think that at last it also dawned on VAL Directors too.However there are a few very important ,good points here to be highlighted.First ,three years of the safety statistics are excellent(long enough period for this to say so),second -the efficacy is repeatedly stated although without firm figures yet except that PSA have fallen in some patients by as much as 50%,stated in their previous RNSs and presentations.Third,due to the longevity of the Trial there maybe an improvement in survival of these seriously already ill patients and in their quality of life.These will be analysed at the end of The CURRENT Trial.Finally VAL keeps repeating that the observed "efficacy" is similar to that seen in the Pre-Clinical experiments and that means very good to me as on that basis MHRA allowed VAL-201 to commence its Clinical Trial.I hope that my thoughts today will chear many of you up.ATB- Stach