Stephen Read's questions to RenovoRx Inc (RNXT) leadership • Q2 2025
Question
Stephen Read of HIT Investments inquired about the next steps for studying FOLFIRINOX, specifically if it would involve animal studies first. He also asked for an update on the company's strategy regarding commercial partnerships and distributors versus building an in-house sales team, referencing recent stock issuances.
Answer
Shaun Bagai, CEO & Director, confirmed that before using other drugs like FOLFIRINOX in humans, the company will conduct preclinical animal studies to ensure vascular safety, similar to the process for gemcitabine. He clarified that recent stock issuances were to their contract manufacturer, Medical Murray, to ramp up production. Regarding commercial strategy, Bagai stated that while discussions with potential distribution partners are ongoing, the immediate plan is to build a small, internal sales team to maximize value and revenue capture during the initial market entry.