Pre|CISION PLATFORM soon to be unlocked12 Oct 2022 09:35
That's right, the PLATFORM, not just one drug.
Except from the last results RNS:
If the AVA6000 Phase Ia study shows that the pre|CISION ™ chemistry is effective in reducing systemic toxicity of doxorubicin in humans, then it can be applied to a wide range of other established chemotherapies to potentially improve their safety and efficacy. This would be a significant value inflection point since it would open up a pipeline of proprietary, potentially safer, next generation chemotherapies with significant clinical and commercial potential in a chemotherapy market that is expected to grow to $56 billion by 2024.
If the pre|CISION™ platform is shown to improve the safety of Doxorubicin in the AVA6000 phase I study then it not only creates a significant commercial opportunity for the Group with a proprietary safer form of Doxorubicin, but also potentially opens up a large, and valuable, pipeline of future pre|CISION™ chemotherapy prodrugs.