Nicely explained and hence the days 56 and 404 testing points. The max gap to placebo.
In sum:
- Any deal that monetises asset will limit potential dilution and bring PARO into play. This is now critical to existing LT holders upside.
- Day 404 design also clearly benefits labelling and market proposition for partnering.
Sharewise Presentation 22/7/24, page-93
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