IXC 0.00% 6.6¢ invex therapeutics ltd

We have 5 of the 40 total centres at the end of December, which...

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    We have 5 of the 40 total centres at the end of December, which represents 12.5% of the total required just 2 months after starting.

    We now have another centre started with public info released as per the link above for the 6th of 40 known to have launched - so we could be at 9-10 now (if projecting forward at the rate of speed of the others first launched from Nov-Dec for another speculated 3 sites to total the 9-10 estimate).

    That means we could be 25% of total centres currently, achieved over 4 months - noting that this period includes Xmas/New Years months of slower rates of trial centre launches, so future rates are likely much quicker.

    Project that rate forward to end of Q2 and we might have 20 up and running for 50% there. 10 more Q3, and 10 more Q4 for 100%. Then 6 months testing, 6 months data analysis, read out.

    That seems at a solid pace relative to the wider biotech space and their trials.
    Last edited by CatalystDriven: 07/03/23
 
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