Conclusions of the Feasibility Study support our willingness to proceed with the clinical validation of SCO-101 as we see a clear unmet need in the market for a drug with SCO-101´s features. The study reinforced SCO-101’s business opportunity supported by the unmet medical needs for efficient pancreatic cancer treatment. Moreover, based on reported cases, the likelihood to identify an industrial partner for the project pending positive outcome in phase II is considered highly likely - and experience with similar cases showed that deals made at this stage reaches the highest value. Furthermore, promising safety and tolerance results were obtained during Phase I clinical trials, and the next step in the clinical development will be a Phase II trial to validate our drug´s efficacy profile in pancreatic cancer patients. This will be complemented by intensive business development activities to maximize dialogues with potential future acquirers of SCO-101. Positive Phase II data will enable an attractive licensing deal and secure the further development and commercialization of SCO-101, allowing SCANDION to gain a market foothold in the cancer market, and supporting the company´s medium term strategic positioning as a unique provider of a new generation of drugs.