BTB grant report :
Australianbiotech takesbroad-spectrumantiviral nasal sprayto the worldPROJECT:Viraleze™ Antiviral Nasal Spray - StarpharmaTHERAPEUTIC AREA:COVID-19, Infectious Diseasestarpharma
START DATE:7 September2020
END DATE:31 August 2021
STATUS:Completed
DELIVERABLESCOMPLETED:100%
TOTAL BTB GRANT:$1,000,000
TOp-up FUNDING:$103,750
TOTAL BTB EXPENDITURE:$1,103,750
TOTAL CASH CO-CONTRIBUTION:$1,737,398
TOTAL IN-KIND:$416,772
TOTAL PROGRAM:$3,257,920
Jobs within project budget (FTEs dedicated to project) 3
New jobs created as a result of this project. 3
Number of new technologies invented. 1
Thanks you to stupid govt for giving SPL $1.1m to pay Management excessive salary when SPL has $50m of cash in bank and product not make meaningful revenue. IMO I add:
Profit:$0
Unsucessful partnerships:Middle East, uk and Italy (Lloyds) and Vietnam
profitable partnerships: 0
deals promised but not done: india
sponsorship: harlequin rugby team
overpaid Execs:4
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