Ann: App 4E / Full Year Statutory Accounts, page-6

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Hoyland

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31/08/15

17:49

Post #: 15907523
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Originally posted by SmokeyNYY ↑

Anyone notice that Hepbarna is scheduled to begin phase 1 studies before TT-221 (AMD) even though its further behind in pre-clinical?

As per the financial review-

"As both HBV and HCV replicate in the liver, Benitec has designed Hepbarna to mimic the design elements of TT-034, which could expedite Hepbarna’s regulatory pathway"

Everyone knows this is the real "lead candidate". If TT-034 works this will have a very high chance of working as well. I believe this is what we will be making a deal for with Big Pharma. I don't know how most deals go but 50% Royalties for a couple hundred million dollars sounds good to me. Cash up!!!

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This statement on HBV seems a little inconsistent with that made in the last IPO prospectus. I am sure the prospectus said that the AMD program would be taken to the clinical stage but there are insufficient funds to do the same for HBV. I guess the company is expecting another capital raising in order to progress HBV.

I also note that the $2.7M for the Tribetarna trial is still in the Current Assets.

Last edited by Hoyland: 31/08/15

BLT Price at posting: 56.0¢ Sentiment: None Disclosure: Held
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Ann: App 4E / Full Year Statutory Accounts, page-6

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