Hi Rbx,
I think at this stage drawing correlations between the formation of Pharmorage & trial results is overreach. They applied for the ABN back in May, my sense is that they had the intention to form this partnership back then, based on the successful lab research rather than anything that’s occurred during NOXCOVID. It’s very unlikely anything would occur Clinically at such low doses, my reading of the statements has been rather a subtext about managing expectations at such low doses. Obviously I would love to be wrong.
my two cents is that NOXCOVID will create some hype and attention for the company and share price fluctuations, but it really would be a black swan event that they stumbled on a new gold standard treatment
for sepsis.
i think the real game is their contribution to oncology, and the two partnership trials with big pharma is really exciting, a billion dollar sale to big pharma, given the current market cap is in my view the realistic path to a breath taking share price.
looking forward to the AGM and more big announcements
disc: held since 20c, doctor at st George hospital
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