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Though suspect the FDA application will be submitted before the end of this year

Yep, actual FDA is meant to be in 2026

I believe the big crunch moment for GDR in the UK will be in 2027 when NICE makes its final decision. That will be very good if they finally give the big funds up and then GDR will be selling MTRN1 to ALL the trusts in England and Wales (and obviously it would presumably have been extended to all of Scotland by then as well)

Pure guesswork, but I reckon the sp will probably be back in the 600--700p- range soon, purely because of stock markets selling off.

It's just market meltdown in the US. S&P 500 is down 4%!

Your shares will still be held by your orginal platform/provider regardless, unless you decide to transfer them to another provider.

Just saw this:

https://www.redxpharma.com/wp-content/uploads/2025/04/Redx-Pharma-Concludes-trading-on-JP-Jenkins-1-April.pdf

I didn't realise it was only running for a year!

Finite, Just ask your provider if they have an arrangement with JP Jenkins. If they do, they'll be able to trade your shares for you from your existing account.

How much have you lost EM? Have a pint.

Bighammer, my understanding is FDA require evidence generation on US soil. GDR have to know exactly what evidence they need to generate. The question is what stage are they at. Have they begun to generate the evidence in US yet?

From memory, they GDR is expecting to get FDA approval in 2026 (though they haven't actually submitted the application yet as not ready to. they wont be ready until they've finished generating the required data in the US).

I wouldn't be offered it anyway as I don't live in the Peterborough area.

I'm still waiting for full results on the RXC007 study to come out - a bit surprised still not released in full. I think this pretty important. My guess is they have been in negotiations with a partner about this. But possibly because many patients chose to continue taking the drug beyond trial endpoint, the potential partner has been holding out for more data to be generated? Plus, occured to me REDX may also want the partner to commit more upfront funds than on the most recent deal as this one is a bigger thing for Redx?

EM, how much are you down on GDR?

In total, they've just raised 2.25 months of cash burn. Lol

The retail bit is a tiny amount of money though....less than 2 weeks cash burn.

Eureka, That stuff they just said was plain to me for a while. They have said it all in different ways if you go further back to when Bud was CEO. But the next guy was maybe a bit too positive though! i.e "Specialist commissioning is happening". lol. I think that might of caused some people to get a bit carried away.

I doubt they will. But obviously GDR need to raise a lot more money. That's obvious. There's bound to be more placing(s) this year.

Trouble is, probably another placing coming for just £1m in August/September, and then likely another one after that for £6m in November/December (assuming they make the progress and can submit FDA application by the latter time).

The final placing under this scenario would likely be below 1p.

EM is the new System on here.

Probably because its a relatively small amount of money and PH is not buying as an investor. They will be selling the lot to PIs ASP.