I love that we can licence this now and effectively leapfrog 10 years worth of prior preclinical research. In todays Robbinhood investing mentality that is more than a lifetime.
For the people involved in Chimeric, JC, PH and LC this is not their first rodeo and the expediated timeframe compared to standard clinical development is what drew me initially to Chimeric.
Even the IPO was far more advanced with the CLTX Phase1 already in the Clinic with patient dosing.
Similar setup with the new CORE-NK platform, standard practice we would have to wait 4 years already to get to this stage compared to usual licenced research, 1 year preclinical animal toxicity study + 3 years Phase 1 completed 2018 to 2021.
At circa 40million market cap it was an easy decision to take up my allotment and few extra for nice round numbers sake.
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