SPL 7.14% 10.5¢ starpharma holdings limited

SPL Announcements moving forward

  1. 2,252 Posts.
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    I am struggling with something at the moment. SPL made an announcement to the market in December 2023 stating that the results from the Phase 2 Trial for DEP Docetaxel were positive.
    https://hotcopper.com.au/data/attachments/6193/6193165-09db0e03ee2ce2d260b9e3f2bc3ff187.jpg

    Now in May 2024 we are told by SPL that DEP Docetaxel is not a commercially significant opportunity.......

    So SPL has developed this product from preclinical - Clinical Ph1 and Ph 2 trials and spending BIG $s all the way and also cashing in on KPI's and performance bonuses along the way. Now to tell us that the product itself is NOT A COMMERCIALLY SIGNIFICANT opportunity.... Surely this could have been determined at any point along this expensive and time consuming journey.

    I have to ask, How can we possibly trust announcements coming out of SPL moving forward, when we are told after more than a decade of development (of a drug platform that we have repeatably been told to be a BLOCKBUSTER) that the trial results are POSITIVE but Woops the product just is not commercially significant enough to push forward with......


 
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