I suspect this post really highlights and touches upon the progress where they are at with KRM-ll-81.
NIH saw astounding potential as evidenced in preclinical modeling and provided the funds for IND enabling work.
One common purpose of IND enabling is scaled up and consistent manufacturing. This is a risk no doubt. Yet my cursory research tends to believe scaling up manufacturing can easily be overcome with this type of molecule similar to how you described your conversation, but it does take time. If they have initiated tox studies then that is suggestive. I think probably the bigger risk is there any sensitivities in performance between what looks like a "remarkable" candidate coming from lab manufacturing to what is needed for scaled up, cost effective manufacturing. I assume the goal is to closely match lab manufacturing to manufacturing at scale, but how close is sufficient and at what cost? As hyped up to the potential of KRM-ll-81, one must acknowledge the risk of failure exists in this IND enabling process.
But make no mistake, it passes this step and becomes ready for IND submission, capital money will flow swiftly towards getting this level of candidate into human trials. And probably by inference, no need to update shareholders and website because it would be logical that commitments will be in place once the IND is ready. My impression is the IND enabling process is all about de-risking the asset. At some point, money watching these developments is going to find a risk profile they like and hopefully help accelerate the development and get it across the goal line.
Bullish