In the Second Quarter Results for 2020:
Naturally Splendid maintains a relationship Plasm Pharmaceutical, a company that has been approved for conducting a phase 2 clinical trial approved by Health Canada for the treatment of COVID-19.
Now in this new press release:
Naturally Splendid has reached an agreement with Biologic to terminate the agreement with Plasm Pharmaceutical and is negotiating a compensation package for work done to date pursuing a potential treatment for Covid with the target drug Cavaltinib.
So are we to believe we are no longer working on a Covid-19 treatment, not that there has been a lot of news about this over the last few years? Why was this information somewhat hidden in the “About Naturally Splendid Enterprises Ltd” section of the release and not something more informative and disclosing?
GLTAL