Phio Pharmaceuticals Corp (PHIO)

[The Other Guy]

Is cosmeceuticals as far along in testing? From Geert's comments yesterday I cannot tell if they will complete the human testing by end of 2016:

In January 2016, we also projected that we would be able to explore human testing on one of our consumer health compounds, also commonly know as functional skin care, before the end of 2016. In order to maintain that promise, we initiated a larger synthesis process with a Europepean manufacturer of [indiscernible] and we should have sufficient quantity of RXI-231 our anti-tyrosinase compound available to start the testing.

In the meantime, we are well underway to complete all necessary in-vitro safety testing that is required to advance our compounds into human testing. We have also made good progress in percutaneous delivery of our compounds under defined circumstances that should allow us to demonstrate phenotypically measurable improvement in the appearance of pigmented skin.

In the Q&A portion, he tells an analyst:

It is much more streamlined than a clinical trial, so it will be relatively quick. I think that we can have this done in something like, I would guess, six months from the moment that we started until readout.

In my opinion, the human testing has not started, and at earliest, will not conclude for another 6 months.