India is a big deal if they can pull it off - just sayin' ;).......

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col69

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29/04/21

10:20

Post #: 52804397
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Originally posted by Jace1984 ↑

This could happen sooner than we think. In my view, SPL is using the current crisis in India to reprioritise and expedite approvals that might otherwise have taken years. I think the paragraph in question contains some good additional information:

"Starpharma is pursuing avenues to provide rapid access to VIRALEZE™ in India, including opportunities for expedited registration and distribution in the region."

The first thing I take away from this is that they are looking at wider distribution in the region, beyond India.

Secondly, they must have confidence in their manufacturing capacity to meet such demand, in addition to the UK, where it is selling well, the EU - which is due to launch in "the coming weeks," - in addition to Australia, and B2B "discussions with organisations."

Selling Viraleze in the middle of a global pandemic should be a fait accompli, notwithstanding vaccination rollouts, but India has provided another massive opportunity. If management is pulling out all the stops to get this one right, hats off to them. $64m cash in the bank, no debt, just pump it into Viraleze and secure market share before competitors come along. Viraleze will sell well beyond the current pandemic - complimentary to vaccines, providing extra protection against influenza and future pandemics, and surely a staple in aged care, health care systems, and medicine cabinets around the world.

Additional update, my aunt in Aldridge picked up my click and collect order today. She said it "was well advertised" in store and selling well according to the staff. My aunt is a support nurse, and even though I told her about the spray a few times, it's not until she went into store that she really took notice! I bought her a couple of bottles of course.

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India is a big deal if they can pull it off - just sayin' .... bigger than the market is giving it credit for at present IMO but of course it is just being investigated at the moment - confirmation of a deal with Mundipharma for Viraleze and of course Approval in India is when things will get interesting should that eventuate.

Sadly the situation isn't getting any better over there

GLTAH

SPL Price at posting: $1.70 Sentiment: Hold Disclosure: Held
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