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Not likely the case if the law firm took the case on a contingency basis, They only get any money if they actually get money from the defendants. They are not in it "simply to distract the MMs" as a favour to NWBO.
Senti, this has nothing to do with being "nice." I am sure it is a hardnosed expert assessment by Cohen Milstein that there is a lot of money to made here by the law firm in either a reasonably quick settlement or a larger payday in eventual success at trial.
Why rehash losing arguments? Even a kid will tell you, that is probably not a very good plan for success. These lawyers are not stupid.
Thanks again.
So, how compelling are the MTDs?
Thank you for the info.
So now that the MTDs have been filed what is the next shoe to drop. Until when does NWBO have to respond to the MTDs? Then, is their a typical amount of time by when the judge usually rules, or is every case different? By then the defendants will have filed their replies to the complaint. So what next? I guess that is when we get into the discovery phase of the case or perhaps the settlement phase of the case. How long might it take until we actually get to trial on the merits? Lawyers, care to opine?
Does anyone know if the defense in the spoofing case filed anything today as per the deadline set by the judge?
this is pure speculation, but perhaps they were waiting to align the MIA news with the reply expected in the spoofing case on the 20th which will hopefully show how weak a case the defendants have.
Actually, I am surprised that this has not yet happened. It seems like easy money for large fees for a law firm with little to do as they just have to follow the Cohen game plan and use much of the same data that Cohen has already laid out. the heavy lifting has already been done.
I would love to see this as a class action on behalf of the NWBO shareholders. Hope a class action law firm is pointed in this direction soon!
The reality is they are not able to bring big investors that see the value of the ph 3 data as well as the progress they have made and importantly value the company over a $2-3B market cap.
Anyone following Dr M. Bosch?
Just got filled at $0.556
I just used that language as a shorthand for what actually happened. In the end it was a sale of Cognate! The new build out of Advent now suffers from the same perception of conflict of interest as Cognate suffered from, for which it was sold..
True. But you can’t convince bears of much of anything.
I never understood the logic in selling Cognate to CRL and then to start over with a build out of Advent to do the same all over again!
Much the same is true of any submission they make to the regulators, once something is turned over to them, the ball is totally in their court.
FDIC only covers $250,000 per account.
CNBC just reported that Roku had several hundred million on deposit at SVB. They do not know how much of that they will recover. Hope the $11 mil NWBO just borrowed is not on deposit at SVB. After all they are a MD headquarter - not in Silicon Valley..
CNBC has just related the big drop in the biotech sector today to the failure of SVB (many of whom bank there?)
Silicon Valley Bank went bust today - not sure if related in some indirect way
Silicon Valley Bank went bust today - not sure if related in some indirect way
David Innes probably is MIA.
There is a big difference between "Citadel is testing/ floating..." and "The idea was floated on the IHub board today" by some iHubber
Citadel is also testing / floating $100 million settlements offers
Lykiri, what do you make of LL's remarks after the 14 min mark on the video?
Thanks for the great summary.
That is not quite right. The language is not a general prohibition for off label use, but it does give the FDA the right to institute such prohibitions in specific circumstance where the FDA feels appropriate.
When I posted I foresaw your arguments, most of which are reasonable, but still....
I certainly do not suggest pestering anyone to become an advertising vehicle for DCVAX. You are correct that they clearly do not wish to fight it anymore. And as you say, L requires surgery - of the brain if they are to tackle the brain metastases. The vehicle that can be used is Direct without any surgery necessary to the liver as you suggest and perhaps using L as well - not in the brain - but in some other cancer nodule that is easily accessible elsewhere with some very minor surgery that he could tolerate. It could actually add quality time for him to be with his family. But I would certainly not PESTER him about this. But I hope they realize that there really are no horrible side effects like with chemo etc and this could easily be done in a hospice care environment at home. If it were me, I would be happy to get such news.
President Carter at age 98 has been in the news recently for his choice of hospice care for his (liver?) cancer that has metastasized to a brain cancer. He wants to spend his remaining time with his family at home.
I have wondered to myself if his case might be helped while at home with (compassionate use) DCVAX (L or Direct or both, whichever makes more sense) that would not burden the quality of his life at home and might add months to his life? For NWBO, the risk of getting in the picture this late would be very risky if there was a highly publicized failed use of DCVAX likely to happen with a cancer so far gone and at age 98. But Imagine if Carter lived to the ripe old age of 108 using DCVAX.
That is very interesting. Has this case been appealed by the FDA? I do not imagine they will just let this go. Will the "secret sauce" used in maturing the DCs to make DCVAX be construed as "changing" the cell before reintroduction to the body?
Ex, I do not think this proves it, but nonetheless, it is my understanding that the initial MAA will be for a manual process and once the automation is complete and perfected they will go for that approval.
As I responded to Ex:
Kool.
So the MIA can not be granted until the MAA is submitted (per you and flip). And the MAA can not submitted until the MIA is granted (per NWBO).
The infinite can kick.
Kool.
So the MIA can not be granted until the MAA is submitted (per you and flip). And the MAA can not submitted until the MIA is granted (per NWBO).
The infinite can kick.
Why would they know any better than the rest of us?
Basic idea from Psych 101: When something desired happens quickly or on time and as expected - it has impact. When something that is long expected and long delayed and daily anticipated in discussions on the hoped arrival - when it finally does arrive, it has greatly reduced impact as in "well it has finally arrived - what took so long."
So the longer the MIA takes to happen, the lower the impact will be. We saw much the same with the journal article, with TLD, etc. NWBO brings this on themselves with all the delays and no news or updates released to investors.
I got the same response from DI when I asked a similar question.
Sorry BB, that is to glib an answer. So if I buy shares through my broker, how do I know I am getting something real for my money? that will be similarly true of all retail investor buying on the open market. So who is paying for those FAKE shares and content even though they received nothing for their money?