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Saturday, December 20, 2014 1:01:34 PM
It's difficult for me to see how the results and discussions from this meeting are positive...Dilution to Cognate will continue, and since there is essentially no halt for efficacy, the dilutions will likely continue for another 1.5 years. It appears to me that NWBio is uncertain of the outcome of -L, but are much more confident of -D, so are de-risking the -L trial by the change in trial design and not considering a halt for efficacy, which also gives them time for direct results to mature. I don't think that this is a bad approach in the long term, but short term SP could be bumpy...more of the same :/
I feel for those holding short term options. Though it is true that there are still several short term catalysts that could emerge.
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