RE: US commercialisation agreement14 Sep 2023 12:45
Well i have listened to the webcast and i'm afraid(actually im glad) that i didn't hear anything to support the suggestion that futura have any current plans to embark on trials for med 3000 in the area of female sexual health. the sound quality was rather poor,so i may have missed something,but my main take was that fum are currently concentrating(quite rightly imo) on the roll out of med 3000 in its current form. barder mentioned this as the main focus several times,emphasising that the aim was to move from a loss making company to one with positive profit,an objective ofter sadly lacking in many aim companies. in a slightly different context,when responding to a question as to whether fum would contemplate acquiring another aim company(sorry didn't catch the name) which was suggested as being a good fit, barder made it very clear that the did not wish to see them encumbered with debt when they were on the point of becoming csh positive,again a very sensible point of view.he also commented that fum is, in reality,a very small company. further trials etc were clearly not on the current agenda.pleased to hear that australia should get approval without further trials and perhaps we may hear more on this by end of year. so all in all i really don't see any developments of substance in other areas as likely for quite some time.