NanoViricides Inc. (NNVC)

[HuffAz]

I know they are in the process of constructing a manufacturing facility but did I read this wrong in the quarterly report?

I believed they were suggesting that they were looking to contract out manufacture for human trials to outside contractors independent of the construction of their own facility to expedite the trials.

Here is the section I am refering to:

We believe that from the time that the proposals are accepted, the cGMP facility can be ready in about one year to begin actual manufacturing. Soon thereafter, the Company will be able to make cGMP-like material using the same processes as c-GMP material but prior to undergoing the FDA registration process. Such c-GMP-like product can be used for clinical batches for human clinical studies in several countries around the world. The Company is currently investigating all such options in order to expedite the timeline to entering human clinical trials. The Company intends to contract out clinical batch fulfillments to outside contract manufacturers.