At a time when things look bleak I look at the positives.
1)This is a different and novel drug,( not targeting amyloid plaques,tau etc )
2) Xanamem worked in animal studies.
3)Xanamem is safe.(hence the trial continues)
4) Xanamem crosses the blood brain barrier (similar compounds failed as they didn't}
5) We have an excellent CEO and board ( ex Pfizer,Amgen etc)
6) We have an excellent Advisory Board ( top US UK and Aussie brains)
7) Biotechnology Value Fund and others have invested circa $20 mill in ACW
8) Other indications ( diabetes etc )
Surely we have a better than "winning tatslotto"chance of success !
Depressing times
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