Needless to say that if proven for human use, their antimicrobal drug will be a great asset.
They have to do more in vitro work perhaps followed by in vivo work in the lab.
Once everything is found satisfactory, I expect them to announce the start of PHASE I. This is not too expensive, but if successful, ought to increase the share price.
This in turn will come in handy should they want to make a placement to finance PHASE II.
If the clinical trials against the "Superbug" and the H. Pylori strain are successful, then the income from these sources could greatly outstrip that from animals.
The matter is that important I believe that CMQ wil move ahead when necessary and this is irrespective of any other business they are engaged in.
Gerry
- Forums
- ASX - By Stock
- CMQ
- rocketing ahead
rocketing ahead
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CMQ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online