Bbcbro, I saw that -- CX-2007 - another new low impact. Other revelations from the R+R presentation -
1) CX-717 showed surprising efficacy at 900 mg in the RD-2 study! I was really surprised to see that (slide 8). Most of the 'procedural problems' in RD-2 (loose masks, nervousness) must have occurred in the 1500 mg cohort.
2) Basal breathing data from RD-1 -- CX-717 worked every bit as well as naloxone (CX-717 in prevention, naloxone in reversal, but the degree of breathing improvement almost exactly the same, see slide 9).
3) There will be a meeting with European regulators in December to discuss advancing CX-717 into ADHD trials.
4) A human pilot study will start in Q1-09 in Obstructive Sleep Apnea.
5) Scheduled to start in Q2-09 are - a) an RD Phase 2 using the IV form of CX-717, b) an ADHD Phase 2 using CX-1739, and c) a Phase 1 with CX-1942 (the new water soluble prodrug for IV use).
6) Cash burn lately has been just under $1 mil/month. There was approx $7 mil at the end of Sept (so approx $5.5 mil remaining at mid-November).
So all in all, things are moving right along. Now all we need is some money to fund it all.