Replies to post #51764 on Enzolytics Inc (ENZC)

[God_Father]

Charles needs to clarify all of that. Per one of the PRs, we got additional funding to "proceed without delays". I have no idea how much any of it costs or where the funding is going to come from. I'm almost positive we will hear more about it this month.

[archilles]

If the drug is effective in Europe, which it is, then the company may proceed asking the FDA for an EUA emergency use authorization, under the Covid pandemic circumstance, and can start selling the drug while going through trials for the final approval. There is an urgent need for this drug because many HIV/AIDS infected patients are at an even higher risk if infected with COVID. The company can use the money from the sale and pay for the trials.

The company may also be getting federal funding as well while all these activities are taking place. Not to mention, they have an effective COVID drug that can be applied for a FDA emergency use authorization after which if granted can start selling that as well


So many catalysts will propel this stock forward

[brezlin]

Bignick, we get THAT PR and it’ll skip nickels all the way to $....

[fb454]

Please share where who got that number of 500 million. Thank you.

[BluE33]

Does it really take $500 million to do clinical trials??? Immunotech & Enzolytics did ITV-1 Phase 3 clinical trials in Bulgaria (Europe) because it is a lot cheaper...where does this 500M amount come from?

Serum Institute is willing to back up BioClonetics with $40 million in funds and with lab space at their Indian Institute, that’s a big help, but $500M?

https://wefunder.com/updates/90585-houston-we-have-lift-off

$ENZC
$BCLS

[BonnieMac]

Maybe Bill Gates or Gates Foundation?

[BonnieMac]

Would NIH Grants ever be as large as $500M?~ Just curious