CU6 3.75% $6.37 clarity pharmaceuticals ltd

CU6 - Media and Industry News, page-317

  1. 72 Posts.
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    hi Ma420

    AT has made it clear a number of times (at the AGM,and conversations) that they have a small team of 40-50 employees.
    they do not want to go and grow the team, expand all sorts of programs. It has been their objective to focus on one, do it really well, fast and accurate, then another.
    Each diagnostic trial, each therapy trial is $10’s of millions as you know.
    so the mantra at the BOD level is focus on one.
    not two
    nor three. Just be the best at 1.

    I think it is forgotten how much work and capital is required to get another product completed.
    This is not to say he will not announce a further fully funded trial in another indication soon. He may.

    as for other commentary around going into production and distribution. Zero chance. CU6 is set up as a plug and play. They will have to do something really bad not to sell this Co by Christmas. As they are only focused on 1, that is not probable.
    best of luck to all.


 
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