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We agree to disagree crumbs, but that's what forums are about.
But I think we should clarify the semantics of "commercial", by commercial I am thinking, rightly or wrongly, a commercial deal/partnership from a big bio to take Modi further. I am not saying Modi will be sold to the NHS for example anytime soon. Was that that you were implying crumbs?
Why do pre-clinal drugs/bios get so many deals? Potential? Promise? Are we saying Modi has no promise? If so I would disagree.
Scancell were never likely to take Modi forward I their own, it always needed external parties/partners. As does most if not all of the portfolio.
Hopefully we can assume this is what is being worked on in the background and might explain the lack of director buys (closed period).
IMO, despite the small trial size I would argue that rapid initial 50% tumor reduction would certainly interest big pharma one way or another. We have seen small bios with far less results, and much earlier on the testing cycle get "commercial" deals. So I have no idea where you are coming from personally crumbs ...well I do have an idea, but I'm happy to give the benefit of the doubt for now anyway.
Whilst a slightly different sector/beast, I thought this was interesting, especially as you don't hear about American big bios buying out UK based bios too often.
https://www.cambridgeindependent.co.uk/business/abcam-sold-to-us-based-danaher-after-boardroom-battle-ended-9327858/
Full article:
https://www.trinitydelta.org/research-notes/upcoming-scib1-data-could-provide-first-proof-of-concept/
Not sure why link is censored but just do a search of the title.
https://*********************/companies/uk/biotechnology/scancell-holdings-plc/research/trinity-delta/scancell-upcoming-scib1-data-could-provide-first-proof-of-concept/33_f02e400d-55da-44dc-8e95-6f6028328144
I too now am wondering if Covidity, like SCib1+, is another Phoenix rising from the ashes, another dark horse if you will. The timing of the Texas Biomedical centre tweets/news is at the very least intriguing.
"This was a classic shake down nothing more nothing less and on a day the US markets were shut".
Well we know we are expecting news if not multiple bits of news around Milan. Stranger things have happened/wouldn't be the first time or the only stock for it to happen to. IMO.
...or I bought just as that huge buy was coming through! Timing! Pfft
But yes, RE that big buy, clearly some still thinks (or knows) Scancell has potential and heaven forbid perhaps even some (more) commercial prospects! Wonder if it was crumbs? 😉
Just had to pay 8.3p for a small amount...flip! Wasn't paying attention, was hoping my top up was closer to 8! Chunky spread.
Patient mentioned is head & neck, no?
That article came out this morning? "If" it Scancell, timing is IMO interesting with everything that occurred yesterday.
"Professor Christian Ottensmeier, a consultant oncologist and director of clinical research at the Clatterbridge Cancer Centre and who treated Adrian, says: 'With a vaccine, it's a little bit like you want to train a sniffer dog to find a particular scent - you'd hold a rag under their nose with that scent and then tell them to go and find it.
'A vaccine is a way to train our new immune T cells - our sniffer dogs. In Adrian's case it is quite remarkable that the training has been so successful and his cancer has shrunk enormously."
So Professor Christian Ottensmeier, Clatterbridge... and description seems to match?
Yes there has been an element of shooting the messenger from myself and others but the key point is...
"As it happens, my simple opinion is that Crumbs over-reacted to the initial news and as a respected poster, we noticed !"
But also crumbs you've stated you sold a very big majority of your holding and now own a fraction of what you had before and (I believe?) you said you had done well selling out and buying back in at a lower average.
Always been a big fan of your positive but balanced posts but we all know that seasoned holders in any stock that have sold out can suddenly can become very bearish/trader like in their posting style. My point is motive is as important as what you actually post.
Obviously only you know the answer here.
All IMO.
Https://community.macmillan.org.uk/cancer_types/head-neck-cancer-forum/f/updates/256126/vaccine-trial-update/1923089
N.b. there are 2 x pages
...what's posted on here does clearly have influence on the price.
As mentioned... Party pooped... intentionally or not.
Lol... Darkprince...bang on cue 😂
Well...todays solid day/solid buying has been officially party pooped.
I guess the McMillan board works both ways.
Crumbs your post/post title was almost a perfect cue for crakin and his crew lol. Strange.
I wouldn't necessarily call 50% initial reduction in tumor size a 'limitation' as such IMO.