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Https://twitter.com/EvgenPharma
Someone thinks there onto something
CJ
Why would they need 10/11m when there business model is to partner with others paying the costs
Example being the funded GMB in the Netherlands, apart from GA costs and supplying the tablets I cant see any other funding requirements moving forward
Imho
All the best
CJ
You cant base future cash requirements based on the last placing
If you read the rns at the time it outlines what the cash was being used for, moving forward
The cash requirements should be greatly reduced now the healthy volunteer study and manufacturing costs are paid for
Apart from GA costs what are basing the need for future cash for i think you mentioned 10m ?
Genuinely interested if i am missing something
All the best
Who said anything about a cure ?
A treatment that can elevate symptoms would be a great success
Again i repeat even small improvements with autism or cancer will be a great result
With a very favourable side effect profile
Imho
"MicroSalt has been making steady progress towards its planned IPO. Advanced discussions with commercial partners including key players in the snack food industry are taking place...with purchase orders anticipated in short order."
Key players (more than one )
POs in short order (more than one order)
IPO on track
Looks like all coming together nicely
Imho
The key to improving Sfax 01 chances of success are its very mild side effect profile
The recent healthy volunteer study showed this, it appears to be very safe
A lot of drugs the reason for failure is bad side effects and can do more harm than good
For example if in glioblastoma Sfax 01 can prolong life even for a short time this would be a great result, being well tolerated is huge as with a lot of cancer treatment this sadly isn’t the case, and side effects can cause patients to stop taking treatment
Imho
CJ
You say
There will be no money coming into the company for the next year, not a sausage
Are you sure I repeat are they not due to receive 0.5m on completion of the healthy volunteer study ?
Do i have this wrong ?
All the best
Baf3
Unfortunately it happens all the time
Someone sells (fair enough)
then spends time posting negativity normally
Regarding the need for a placing (even after company states cash till end of 24)
They also justify it by saying they are protecting any newbie investors
Heart warming !!
If sfx 01 works and helps prolong life
What a great win for all involved
All the best
Evgen received orphan drug designation
From the fda in US
I would expect this to help when looking for partners in US
As there are various benefits inc possible tax credits
Going to be interesting how this progresses
Imho
Very interesting
https://twitter.com/EvgenPharma
Hopefully more partnerships on the cards
Cj
You’re right message boards should be for all opinions
But how do you know yours could save people money
You just like me cant be sure on that
All the best
CJ
You say there is absolutely no money incoming
Are you sure ?
They are due 0.5m soon
Imho
CJ39
You say share placing is inevitable
Please can you enlighten us on why ?
What cash burn are you using ?
TIA