Im still desperately waiting to hear further results from burns trial. The more i think about it surely the WA government funding the trial should mean if we continue showing the results we started with then the path to approval and market may possibly be assisted by the government also.
At the very least this will mean the breakthrough nature of the treatment will not just be known to a few shareholders and scientists in a specialised group trying to attract new investors. Rather if it is truly a new anti biotic that is proven to kill the most dangerous bacteria without building any resistance the government will be desperate to get it into general circulation to head off what we are told is the biggest medical risk building right now being anti biotic resistance. To date released data indicates 100% effective in all infections within half the expected time the trial was originally set for. And still under $1 a share and under 200m mc?
RCE Price at posting:
89.0¢ Sentiment: None Disclosure: Held
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