Just something Rohan said at the end of the call that stuck in my mind is as soon as PYC launch the IND enabling studies at the end of the first quarter next year, assuming that they are successful with lead up work, that's their stake in the ground: - for the process that everyone else coming after them have to replicate. Others will also have to go into a higher statistically powered clinical evaluation to demonstrate outperformance of PYC's molecule. - as well as getting first in class, if PYC happen to be first in class treatment for the treatment they are going after. So it's effectively a stake in the ground giving early proof you have some time ahead of the others at the backend, in the revenue generating phase of having a marketed drug (if you get through the clinic).
PYC Price at posting:
4.4¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)