Quite an array of activity recently across a few threads, unfortunately the focus seems to be on finding justification of the current SP.
In an effort not to dwell on the negatives and look at the positives, I reflected on @Davisite's (Dr T) Post #: 70828036 as well as @PatchKolan’s Post #: 70810207 and Post #: 70753680 which reminded me that perhaps the “drama” has stopped us from seeing the forest for the trees. As Dr T stated, “the things that need fixing can be fixed”.
I further considered the statement from Dr T that “none of this drama has changed the fundamental potential of bisantrene”. Considering some of the fundamental potential, we’ve seen pre-clinically and clinically: positive early preclinical ovarian cancer results1, independent study showing bisantrene inhibits FTO2, bisantrene kills melanoma cancer cells that overproduce FTO3, preclinical anthracycline synergy and with cardio protection4, compelling preclinical kidney cancer results5, improvement of cancer immunotherapy treatment6, impressive synergy with BRAF and MEK inhibitors treating melanoma7, protection of mouse hearts from chemotherapy damage8, broad anti-cancer activity in 143 human cancer cell lines9 and most recently "striking" as well as “impressive” Phase 2 AML trial results with a 40% response rate in heavily pre-treated patients10.
There’s nothing presented currently to doubt the “fundamental potential”, considering the encouraging pre/clinical results thus far plus the multi-billion dollar potential market opportunity identified in the Triangle Insights report11,12. This independent report should be read again by shareholders to remind themselves of the opportunity.
On that note RC220, while seemingly behind schedule continues to move along the regulatory checkpoints and hopefully into the arms of patients as soon as possible. This will be a huge catalyst for shareholders and importantly, life changing for the patients that will benefit from treatment.
I conclude, if the asset doesn't need fixing, it's all the other parts that need "fixing" that "can be fixed". This will be presented in the eagerly awaited revised, and presumably final clinical and commercial strategy, showing how we will capitalise our “standing on the goal line" with our "remarkable" asset.
tl;dr science of bisantrene still positive, new strategy soon to capitalise on potential
(20min delay)