Eieio- your right a study of 24 panties is hardly conclusive. Remember though this was a Ph2a trail on an ALL NEW CLASS OF ANTIVIRAL, on treatment-naive Patients. so of course the main focus was on safety....
The results to date certainly justify the need for Ph2b's , with bigger sample groups across different genotypes. This will also give us the chance to tweak the dosage for longer periods, with hopefully partnered trails that are Interferon free, and include protease and polymerase inhibitors.
BIT225 needs to be developed alongside the new SOC( whatever that might be). It was always going to be a combined treatment, so you can’t just argue that protease and polymerase inhibitors are superior, and that BIT225 has missed the boat like rgc68 has done.( Every big pharma wants a piece of the HCV market) Remember BIT225 doesn’t destroy the virus; it targets the P7 protein and stops the virus replicating/reproducing again. This is what SOC has struggled with…. And this is what big pharma are looking for. ALL NEW TREATMENT METHODS.
We also have the extra value for potentially treating HIV/HCV co affected patents, which looks very appealing to big pharma- this could even be the next big deal/decider in the market place.....
The real point alot of you new posters are missing is that our MC is at 16million....Even if BIT225 doesn’t work out; we’re a long way from finding this out. More trails and more positive results will likely follow; so the Market cap is likely to increase before we know anything certain. 16million is simply kids stuff and screams buy out……
BIT Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)