RE: TR1 - Mike Witlow Aka Doc19 Feb 2026 12:01
Laura, wondered when the third part of the triangle would turn up...
You even pretended to invest in FAB to post on the board, the difference is that FAB do not post any contracts that aren't deemed material, so the minnow contracts that PYC RNS wouldn't happen there. The reason that FAB has a higher valuation is it has several platforms one of which has been 'validated' and it took 2 years (DoseMeRx has being trialling with clinicians for how many 5/6months). It was validated by the NCI in US and they liked it so much they want to continue to use it, a license agreement has been discussed but due to the nature and size of the deal, the final decision has to be taken by the NIH in the US and that will take time.
KH mentioned earlier that PYC has a unique offering, I would suggest it has some unique parts but the majority of it's business PK/PD simulation and Biometrics are being done by most CROs now and most are big enough to offer more than just that, they will be offering trial recruitment, Lab services, QA and facilities to conduct trials, HVO for one has just bought and integrated a German CRO, offering all of these things and have added that to their Venn offering and their HLabs and HCTs to make an integrated offering. They also sit on a cash pile so have no problems with DD from larger clients.
That's the problem here, not me or any other poster, the fact is they don't have enough money and we know what that means, they will have to raise it somehow...