KZA 2.44% 40.0¢ kazia therapeutics limited

Tumour Shrinkage?

  1. 2,563 Posts.
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    Needle, well done !! great
  2. 5,392 Posts.
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    Well said Needle. I ask JG just two days ago about the funding of this latest trial and how on earth are we going to pay for it. In a nut shell.......we don't. Our funding percentage for this trial is small and I quote "the impact in terms of our month-to-month cash burn is essentially negligible", but there are reason why there must be joint financial arrangement, WINK WINK NOD NOD.

    The actual amount is confidently not for for our sake but the investigators so as not to set a precedent to be assumed by other future generous funding agreements to the benefit of the company. Therefore, the funding Priscilla is receiving and is talking about is directly coming back to us in value but must not be in one sense advertised for that is not the purpose of the funding. That is why they do not mention companies names or details for ethical reasons tried to the original research purpose of the funding. It is to fight cancer not give drug companies a SP shot in the arm for investors. That is why I believe there is little talk about the value added to our company via the funding methods because it would actually be inviting a breach of ethics. But hey one can join the dots as you have.
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