RE: Rns21 Jun 2024 14:29
Well over a year ago, Brooke Clarke responded to all my e-mails. As I recall, the standard reply at the time informed me that the company was engaged in conversations with potential partners, and that investors would be informed when there was something concrete to report. Not the the exact wording, but that was essentially what investors were told at the time. I should add that since Mrs Clarke's departure from Synairgen. I haven't received a single reply to my occasional queries to the Consilium online proforma.
Our last significant piece of news from the company was the announcement that they were " .... continuing to work at pace, partnering with high quality researchers and collaborators, to ensure it has the right trial designs, equipped with the right diagnostic tools, to be able to identify trial participants potentially most likely to benefit from a broad-spectrum antiviral and SNG001. This work (including biomarker assessments), together with the substantial body of evidence gathered from clinical trials with SNG001 to date, will inform a robust clinical development programme for SNG001."
In addition, it was reported that it was "the Company's goal to commence trials as soon as possible, subject to approval timelines, and within H1 2024."
Today, with one week remaining in H1, investors are none the wiser what has been going on "at pace" within the company?
Contributors, who are far more knowledgable than myself have speculated about the nature of the pre-trial testing, the data that the company would be most likely to use to determine their trial protocols, when these trials would be most likely to start, and even that an NDA might be in place owing to ongoing discussions of some description between Synairgen and major pharmaceutical companies?
Despite this speculation, no retail investor has any idea of the actual progress made in nearly nine months? There hasn't been a single communication; nor has the company's website been updated to include any new developments this year.
It would be hugely disappointing should there be no significant update next week. Yet, this is the peculation from some of our valued contributors. Personally, I don't have a clue, but will keep an open mind until the CEO and Board finally communicate with investors!
GLALTIs