Wednesday, January 27, 2016 7:47:30 AM
https://www.accesswire.com/viewarticle.aspx?id=407878
Drug looks good in 2013, need to find a facility who can produce it in mass quantity so in 2013 they try Garmen Labs. Didn't work. By 2014 they ink a deal with Lonza to try. They succeed in August 2015. 2KG sample needed for IND filing and Phase 1 to be delivered in Q1 of 2016.
Basically, its hard to take a drug you create and have a third party create a master drug file and use their machinery to produce the drug in large scale. SBFM is finally at the point where it could have been in 2013, thus, the potential for $160M+ market cap.
Penny Stock Analyst, not licensed, but may as well be...
Recent SBFM News
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