Each step increases the probability of success. I think the remining steps are 1/ optic discs in a dish 2 toxicology 3/ IND studies 3/ large animal studies like a monkey 4/ phase 1 ( 10 humans) 5/ phase 2 /3 ( 50) there may be others. Each step can derail or stall the process. I guess the point is that at the end a 2 billion mcap is justified. There will be a lot of catching up to do if they dont falter anywhere along the way. The fact that the very patients already being used are the ones the optic discs are created from and are the ones that will receive the finished product MUST help the outcome success probability. At the AGM I think they were already at 50% in their minds.
PYC Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
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