Hesk the CEO mentioned: "the 3 questions we hear back time and time again in those conversations (referring to Pharma) are what's your mechanism of action; can you confer cell specificity ( ie can you target a particular tissue type, a particular cell line); and how do you know how much cargo you are getting inside of the cell."
He explained that with more focused libraries, improved assays and higher through-put which supply bigger data sets, PYC can use complementary technologies in the field of advanced analytics to try and understand the rule behind what is driving the behaviour of PYC's FPP, and this work should be completed in six months. Till now they haven't been able to determine why they are getting their results because the data sets have been to small.
PYC Price at posting:
3.2¢ Sentiment: None Disclosure: Held
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(20min delay)