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Biotech / Medical : NNVC - NanoViricides, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: HardToFind who wrote (10045)4/9/2018 1:10:41 PM
From: old 'n cranky  Read Replies (1) | Respond to of 12873
 
Interesting. This is WAY less than I would expect a full set of clinical trials to cost, but my experience is VERY limited:
"My guess is that it would cost on the order of $4 million of direct costs for each drug the company takes through human trials and submits for approval."



To: HardToFind who wrote (10045)4/9/2018 1:27:17 PM
From: drkaz  Respond to of 12873
 
That was my understanding as well.

I've been told that of the two candidates shown at the poster session a while back, one of them is easier to manufacture and one of them is slightly more effective.
As our countdown clock to needing to raise capital is ticking down - if the difference in efficacy is minimal between the two, then I would recommend going for the one that is slightly easier to make. They can always go back and make "Herpescide vII" at a later date and then just market it as a improved product a year or two later.