CHM chimeric therapeutics limited

After a quick read, a few notable points."At the time of...

  1. 5,630 Posts.
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    After a quick read, a few notable points.

    "At the time of writing, we are in discussions with several prestigious medical institutions in the US to participate in the trial". Chairmans letter
    Looking forward to finding out what centres will be involved, and I suspect the duration of the trial will largely depend on how many sign on and how quickly they recruit.. all made difficult with COVID-19 uncertainty.

    "CLTX CAR-T is planned to recruit 18-36 patients over 24-36 months" pg.8
    previously 18-24 months, but we knew of delays due to COVID-19. First time they've officially pushed it out, so we won't get full recruitment until at least Sep 22, or as late as Sep23 (probably built in a fair bit of flex there COVID related delays and/or how many centres sign on)

    "CDH-17 was licensed for an upfront fee of US$350k + annual maintenance fees + performance based-considerations" pg13
    That was a steal. It means they've still got a fair chunk (approx US$4.5m)in the war chest for more acquistions.


    Last edited by stockrock: 29/09/21
 
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