I've been watching RAC for a few years. The company and posters here staunchly backed the IP protection and commercial viability of RC110.
It's amazing to see the about-turn on this, and investors still seem happy enough. After all this time the company admits RC110 is commercially redundant.
I suppose it means they are feeling supremely confident in the pre-clinical data for RC220 so far. But that's where RAC is now, back to a pre-clinical company.
Ann: Updated Strategy and Investor Presentation, page-223
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