Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Of course the study was small. They were looking for the proper dose as well as identifying safety issues but I am sure you already know this!
Dr. Doom and Gloom:
The Phase 2 Prurisol trial, while not powered to demonstrate statistical significance, was conducted to inform any future fully-powered Phase 3 trial(s) that might be merited. As a result, the study’s main goal was to provide indications of efficacy, safety and tolerability upon treating patients with mild to moderate plaque psoriasis via oral delivery.
Non clinical staff only!
If you accept the risk then why the daily trashing of the company? Huge discount in words and actions!
I agree. You don't find the around the clock bashing on any other board. Completly out of proportion.
I don't think it was a failure as much as an acknowledgement of how enormous a task it's going to be to develop a cancer drug.
Believe me I have never taken fudsters seriously but when the opportunity arises to call them out I will. It's sad that they think anyone listens to them.
Maxi this us why people don't take you or any one who agrees with you seriously.
Maxi you counseled patience yesterday LOL! YESTERDAY!
Total BS! Yesterday maxi was saying he was hearing big exciting things and today it's back to the old maxi. Which is it? Why the day to day change?
So the only conclusion we can come to is you are not serious.
Maxi what happened to "what I am hearing..." Come on...which is it?
WTF! Are you serious! Yesterday you were hearing rumours of big news now we are back to "pos" etc etc. Make up your mind.
Awesome! Thanks I am really looking forward to see how B-OM unfolds.
Awesome! Thanks for heads up!
Ok I'll bite. What are you hearing?
My sense is that when the broader markets turn negative or flat we could see rotation back into biotech.
Come on the good "Doc" would never do that!
Rinse repeat! What garbage!
I can only assume that he wants to undermine the credibility of management and the company so people don't buy the shares. No other explanation makes sense.
20-25 would be marketable! Less side effects and probably will cost less.
Well said. End of discussion!
LMAO! New investors do your own dd. This company as almost all pre revune biotechs are risky yet this company has good science and continues to move the science forward in a very frugal manner. Don't get distracted by idiotic discussions.
Stop with the madness! Responding to the trolls just gives them legitimacy.
I think the secret is to stop responding and/or putting him on ignore.
That's from our resident "Doc"
No. The biggest risk we face is failure of science and/or no partnership. If we continue with Our trial success and are able to secure a partnership(or more) the preferred shares won't matter.
Give it a rest! This is a non issue for me and I would assume most longs. These preferred shares are a common way to stop a hostile takeover but I can only imagine you already know this.
Ffrol that wasn't directed at you.
At this point if you don't trust management you shouldn't be in the stock. Management has moved the science forward very frugally.
Creating doubt! That's the goal
Or if P numbers are good some BP may want to take out the company. At minimum if P numbers are good it will greatly increase the market cap of the entire company and give Leo more leverage.
Deep down Leo resented his roll-over BoD for not giving him the accountability and boundaries he craved. So what did he do? Yelled from the roof tops about the TWENTY cda's and all the other details of imminent partnerships. WTF?
His short game looked good. I think he get driver and irons will get worked out with more competitive rounds under his belt. I like his chances
Offers can't be made unless cdas are signed. Offers are made based on a process which takes years.
20 cda's wow! I am sure glad Leo went to the biotech showcase and didn't listen to all those ignorant people who suggested it was a waste of money!
I have know idea if his story is true but if it's not it was a good one.
They do/will tell. I did confirm this with someone I know in the industry.
She said that she asked and they told her(of course sop) who the company was and the drug and she contacted the company/Leo.