Brian Marckx's questions to SBOT leadership • Q4 2016
Question
Brian Marckx of Zacks Investment Research sought to clarify the KLH supply volume for Neovacs' Phase 2 trial, inquired about revenue expectations from Neovacs for 2017, and asked for details on the company's relationship with Eurogentec.
Answer
President and CEO Frank Oakes explained that scaling up for a Phase 2 trial requires significantly more KLH than simple patient-dose calculations suggest, due to process development. While declining to provide a specific 2017 sales forecast for Neovacs, he noted optimistic demand trends. Oakes also characterized the relationship with Eurogentec as a long-standing and positive partnership with a key contract manufacturer.