It is an interesting drug they are developing, it doesn't have the profitability of ATL1102/3 but should be a lot less risk involved. Their drug (LAT8881) aims to address Lumbar radiculopathy which impacts 3-5% of the total population. You can read more about their current test results here:
I also found that the drug has other uses, including limiting virus replication and severe diseases during influenza A virus infection. If they can get a steady cash flow from LAT8881, I am sure they can dedicate some money to further finding a use for ATL1102/3.
PER Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
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