NanoViricides Inc. (NNVC)

[JG36]

My understanding is that Dr. Seymour says they have enough cash to get through phase I/IIa trials, but hasn't said anything about having the money for phase III trials. The hope is that the phase IIa trials will show enough evidence of efficacy that big pharma gets interested and offers to put up money for the remaining clinical trials and provide distribution in return for a cut of the profits. Or, failing that, NNVC should be able to raise money on far more reasonable terms than it can now.