ZLD 3.23% 32.0¢ zelira therapeutics limited

Non-commercial prices for "research" being paid to closely related parties

  1. 755 Posts.
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    Many of you will have read in other forums my concerns about ZLD not having any novel products and doing low-quality clinical trials to give the impression of doing drug discovery.

    Something else has come to my attention which I feel obliged to share with you:

    Stewart Washer resigned as a director of ZLD and has a new entity (Emerald Clinics) where ZLD is paying $99,920 to recruit 8 patients for a clinical trial. This is approximately 10-20 times the price charged at Cannabis Access, Cannvalate or CDA where the cost for patient recruitment for clinical trials is approx. $500-$1000 per patient.

    Here is an exert from their plans freely available on their website:

    https://hotcopper.com.au/data/attachments/1884/1884254-79cfa4a23bbccc8f742eac4280ebb468.jpg

    And guess who the owners of Emerald Clinics are:

    Stewart Washer (former director of ZLD), his wife Patty, his dad Mal and his brother-in-law, Craig Darby:

    https://hotcopper.com.au/data/attachments/1884/1884260-ec9581486b0f4b4716fcea9eb10565ad.jpg
    With this kind of deal structure, it does appear confusing about the primary modus operandi of Zelira?

    Please do not shoot me, I am simply the messenger.

 
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