All good news, the question is will SH value the SP when the TH is lifted? If you calculate added value from July last year the company has progressed immensely , I personally believe the News below fell on deaf ears as the market had a wobble on that week and Crypto's were taking a dive and took all the spotlight away from the breakthrough news below: IMHO 8c should be a starter price come Wednesday...
Monepantel reformulation successfully increases dose and improves taste 30 January 2018
Perth, Australia: PharmAust Limited (ASXAA) has successfully identified a reformulation method that can be used to prepare monepantel for clinical trial.
In collaboration with BRI Pharmaceutical Research, PharmAust has shown that micronisation of monepantel successfully meets the company’s minimal requirements for dosing, taste masking and oral bioavailability.
Depending on the size of the capsule or tablet, this approach can deliver over 10 times more drug than the current formulation.
In terms of taste, studies in animals and humans have shown that dry powder monepantel is much more palatable than the liquid form of the drug.
Further, micronised monepantel is amenable to a number of conventional taste-masking approaches that can further improve palatability. BRI is currently optimising the micronisation method to identify the final formulation.
Once established, the formulation will be scaled to produce sufficient drug for clinical trial. We anticipate completing the reformulation optimisation phase by Q1, 2018 with scaled production and toxicity studies to commence in dogs during Q2, 2018
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