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Doesn't cannvalate cover trials cost ?

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19stevo71

1,474 Posts.

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28/09/21

21:41

Post #: 56417866
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Originally posted by malkazoid: ↑

"In particular, we estimate that such funds, together with such existing cash, will be sufficient to enable us to advance our
clinical trials to the point where all programs have completed pivotal Phase 2 trials or two programs have
completed pivotal Phase 2 trials and one program completed a Phase 3 clinical trial. The specifics of which
trials are progressed first will depend on clinical success. At this stage we anticipate that the OSA, RA and IBD
will advance the quickest. Funds for additional Phase 3 trials will be raised through future capital raises. It is
estimated that completion of all six clinical development programs will cost approximately A$200 million."

-------------------

I love this part.
Confirmation that OSA, Rheumatoid Arthritis and IBD will probably push through the stages fastest. I suspected RA would go quickly considering IHL675a is basically a vastly improved version of an existing approved and standard treatment for the affliction.

Also great to see a ballpark cost for all trials. I have full confidence they will find ample funding for these along the way: investors and potential partners will take note of the massive market potential and de-risked nature of these pathways.

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Doesn't cannvalate cover trials cost ?

IHL Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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