"Don't underestimate what patients are willing to invest" - Nailed it."
Joel touched on this subject Clarion have had a good response from interested patients and expects quick cashflow and channeling those funds to swiftly open more clinics. IMHO If Incannex through Bob Paul and Peters expertise can punch through regulatory therapeutic, patients and therapist protocols we should see the Melbourne clinic accept patients around October/November. It all hinges on TGA approvals but If the above timetable eventuates this will give Clarion/IHL roughly 6 months (April 24) to show how the Clarion business model is going and along with our other platforms moving forward (interim results 42X 675A) could put Bob's options in the money.
Nothing is a given in life but the PSI world is watching. Success in the rollout of the first registered PSI-GAD clinic in the world will put IHL on the map as leaders and open the door to massive markets not only here in Australia but around the world in a quick timeframe. Yes there will be competitors but the mental health market is so massive there undoubtedly be room for many players. Also the P 2/3 clinical trials in the US will give huge exposure to IHL
Be awesome to see Bob's options in play by April but regardless good interim feedback on IHL42X and 675A should see a re-rate in our MC by Xmas 24. Fingers xed GLAH
IHL Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held
