MBP metabolic pharmaceuticals limited

re: stock of 2007 Good day today for mbp - the previous gap...

  1. 207 Posts.
    re: stock of 2007 Good day today for mbp - the previous gap provided a bit of resistance as expected, hence, we see the doji/consolidation around the same area. This may only be a 1 day pause or manifest into a 1-2-3 formation or pennant/flag. Shouldn't be long tho before we continue our merry ways - watch for the averages to spread!

    Regarding trials, i quote back the following from the initial phase 2b trials:

    "Metabolic is very confident that the data will be of substantial interest to such companies
    due to the following key findings of the trial
    - Weight loss in line with competing products.
    - Excellent tolerability without evidence of the major side effects of existing
    drugs
    - Indications of accompanying health benefits
    - Unique mode of action of AOD9604 which stimulates metabolism of body fat,
    compared with existing obesity drugs which artificially reduce appetite or food absorption."

    "On the results of the primary analysis, there is a 90% chance that the 1mg dose of
    AOD9604 induces weight loss. On the secondary analysis, there is greater than a 99%
    chance that the 1mg dose of AOD9604 induces weight loss. If the chance is greater than
    an industry standard of 95% the result is considered to be “statistically significant”."

    "..We would not normally comment on the progress of early discussions. However in this
    circumstance we must advise that, within 24 hours of the announcement to the market,
    Metabolic received unsolicited requests for meetings and further data from several major
    international pharmaceutical companies with whom Metabolic has been discussing this
    project for over 1 year.
    We expect to advance those discussions over the coming months."

    These are VERY significant. One must also remember the options study is designed more like a phase 3 trial and the subjects are on a diet/fitness program which should enhance results even further!

    We may also get further news of acv1 prior to release of results for AOD9604 just to spice things up a little. Looking very exciting!
 
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