Yup 'De-Risked' - Christ alive, Nyrada have done the total of ONE trial on 16 mice.
That's it.
This is years away from human trials - and Nyrada alone can't afford one.
The only trial happening is Walter Reed on mice.
And thats to test the validity of the Nyrada one.
Any drug coming from Nyrada is at this stage probably almost a decade away.
This is like saying a spec miner with a promising drill assay is de-risked and worth $1 billion.
There's ramping and then there is blatant untruths.
The SP is 7c now. If you have profit left, take it, and a jump from 2c to 11c on the back of a 16 mouse trial was never going to last.
This is not de-risked. It's not even in the same suburb.
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