CHM 0.00% 1.8¢ chimeric therapeutics limited

CLTX-CAR T is a game changer, page-6

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    Do you know about the license granted to CHM? Is it exclusive rights to manufacture and supply, or is it for the entire CLTX platform? And use of all patents relating the this platform?

    I'm wondering whether CHM are limited to use of CLTX-CAR T cells or whether they are able to insert a different recognition molecule in place of CLTX down the track.

    Immunotherapies usually perform much better than other treatments when used to treat brain cancer. The lack of effective treatments for this form of glioblastoma means CLTX stands a good chance at succeeding in clinical trials, even in spite of tacking one of the more aggressive forms of brain cancer.

    From what i've read, CLTX may be able to target other forms of brain cancers, although its specificity can be questioned - however its use as an imaging agent partly counters this criticism.

    Excellent management team; new manufacturing facilities need to be sought out and will need to be FDA compliant; MOA is established; safety is likely assured; management appear keen to move quickly to commercialisation stages, so this could see similar investment interest to RAC very soon.

    200,000 US glio patients per year, 100k per treatment at 10% penetration = 2B annual revenue. Margins probably 40-60% since most costs are usually R&D and clinical trial-related as opposed to production costs.

    Interesting company, will definitely keep an eye on.

 
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