I understood why he might have been unable to answer the question about the results on the genomic testing results, since they will be presented at an upcoming conference.
What I do not understand is why Anavex is reluctant to divulge the budget for the planned trials. I can come up with a few different guesses about the reasoning that would not be popular. If they are planning to start in the next ~140 days, does it seem reasonable that they don’t have cost estimates yet?
Caroline Palomeque
“Okay, great. And then just wondering if you could give any guidance on what you expect the cost of some of the trials will be, I'm just not sure if that was guided to before, just all the programs in Phase 2?”
Christopher Missling
“The cost of the programs has not been explicitly disclosed. “
“We want to start as soon as reasonably possible and we don't need to wait until we disclose the data of the genomic outcome. So we'll try to submit the IND as soon as later and we said publicly today that we would do it within the 2018 first half of the year.”
Anavex's (AVXL) CEO Christopher Missling on Q1 2018 Results - Earnings Call Transcript $AVXL