where to next?, page-493

First 493 Last

Share
Profile

Follow
wade1985

19 Posts.

26/01/19

00:27

Post #: 37230864
Share

Originally posted by dmaivn: ↑

It looks like they will blow over 11 million dollars for a facility that will be ready for use later this year. By the slow pace they move, it probably means the end of this year. The promise the begin of production at the middle of this year. When I look at "Our partner PCI Pharma is manufacturing the first product line as we aim to commence the production of our capsules towards the middle of this year,” Dr MacLeman said." I feel that PCI Pharma is not really manufacturing. They are probably only designing the product line. It's probably AusCann outsourcing the design of the product again to another company, otherwise the production should happen right now!

The big question is "Where is the plan for clinical trials?" They cannot just make a batch of capsules, stop the production, plan trials, start trials, evaluate and decide to continue or abort the product line. It will take another year with any luck to have a real product. I also see no activities on training of doctors to prepare for real prescription of the promised product.

The text clearly shows the emphasis on R&D which implies that this whole thing is still in its infancy. AusCann probably fears the first product will be a flop. So they delay all things as much as possible waiting for more R&D work. The silence on clinical trials also suggests the fear of failure.

Any way, there are too many questions and no answers. I fear that we will enter another period of no new news for 3 months. Imagine what this would do to the share price.

Expand

weren't they utilising Tasmanian alkaloids infrastructure in the interim as they have GMP certifications?

AC8 Price at posting: 65.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

GWA

Havilah hints at resource expansion from Muturoo drilling in SA

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 690 more messages in this thread...

First 493 Last

Add AC8 (ASX) to my watchlist

where to next?, page-493

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Havilah hints at resource expansion from Muturoo drilling in SA

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects