Kitov Pharmaceuticals Hldgs L Sponsored ADR (KTOV)

[Oceanfreedom]

NDA is still coming anytime now. But, given how market treats KTOV, I am not expecting the filing of an NDA to all of a sudden change the KTOV universe anymore. More than anything, Kit-302 needs a licensing or buyout deal. Even a licensing deal, will only give this so much of a pop as it could easily be 2 years until any meaningful income from sales come into KTOV on a licensing deal. In the meantime, they are just getting started on trials for the newly acquired drug. Will continue to hold some, but not near what I used too. Have a great weekend. All the best here