Merck did a Joint Venture with Ridgeback Biotherapeutics to release the Covid-19 treatment molnupiravir.
Yes, they have beaten BIT to the punch so far.
As far as I know, it is also a small molecule drug.
There can be little excuses from MM on the commercial aspects of the business such as dealmaking .
But the fight is far from over with covid19.
Covid19 is going to be around for a while.
The opportunity is still present.
MM would do well to analyse what Ridgeback Biotherapeutics did right to secure a deal with Big Pharma!!!
I note...
molnupiravir is not 100% effective...and it doesn't have to be!!!
ie.
Did you know they tested their candidate against covid19 using ferrets?
There was a reason for that also.
Some of the testing was sponsored by the US government also for this drug!
BIT need to do a JV deal with the remaining Big Pharma with their best covid19 candidates or a deal with the governments.
They need to partner with Big Pharma or Government to take advantage of the fastracking.
There is a huge unmet need still.
Fortunately for BIT, there is the covid19 candidates and the BIT225 for HIV!
With the appropriate deal, BIT would easily become a multibagger.
The focus needs to be solely on the dealmaking with Big Pharma.
GLA BIT holders
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