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Corporate Advisor - Blue Ocean Equities

PharmAust might just be that 1 in 1000 company! This morning, PharmAust CEO Michael Thurn shared some big news. They've begun giving doses in the Open Label Extension study to the 12 participants from the MEND #Phase1 trial for Motor Neurone Disease (#MND / #als ).   In addition, they've revealed some key findings from #statisticalmodeling, which suggest a significant benefit in terms of survival. Simply put, if 12 similar MND patients were not treated at all, the chances of any of them surviving 12 months would be less than 0.1% or 1 in 1000. This analysis came from experts in statistics and PharmAust's partner, Berry Consultants, LLC.   Looking at it another way, PharmAust has defied the odds as not one of the patients involved in their Phase 1 clinical trial for MND has passed away, some 15 months after the start of the clinical trial. The fact that all 12 patients have maintained their ability to swallow is a great data point.    Statistically, there was a 99.9% chance at least one of the patients would NOT have survived 12 12-month Phase 1 clinical trial. To put this into context, a recently FDA-approved drug for ALS/MND, called RELYVRIO, showed a survival rate of around 75% in its 48-week trial.   PharmAust has also informed the market that the Phase 1 Clinical Trial results are expected this quarter. This is an exciting moment where solid data may back up anecdotal evidence.   From a recent roadshow presentation (below), there is a great graphic illustrating the typical progression of MND/ALS. The average survival time from diagnosis is approximately two years. The fact that all participants in PharmAust's MND Phase 1 trial can still swallow suggests, anecdotally, that there has been little decline in the group of 12 over the last 15 months. #biotechnology #motorneuronedisease #asxnews Roger Aston Sam Wright Robert C Bishop John Clark Blue Ocean Equities is the corporate advisor to PharmAust Limited Video Presentation to investors

20240212_PHARMAUST

20240212_PHARMAUST

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