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Holy crap I have been buying from 1.1 all the way down expecting the bottom was in. Bought another 5K in shares at 69 cents today
Nope they say realists live the longest
I didint say you said that hence me refering to "people"
100B MC is a hell a lot of a MC and will not just happen
NIO has $ 8 billion revenue in 2021 and a MC of $43B
If NWBO is doing really well it will have a revenue of $ 150 million in 2023 (if not acquired before that time)
Can you name any listed company with a predicted revenue of 150 million for the NEXT year and 100B MC at present?
I can not I dont think they exsist, nope does not exsist, NWBO on Jan 2023 would be the first EVER
I agree with you but not by constant posting without quoting reliable sources.
if we compare it with a court, in a court one must provide evidence with what is claimed all the time. That is my reproach towards what is being claimed by ex
In this link provided by Flipper you will find an article where you will read that Pfizer, Amgen and Janssen are seeking further clarity as recently as Dec 3 2021 on the guidance. https://endpts.com/pfizer-amgen-and-janssen-seek-further-clarity-on-fdas-new-benefit-risk-guidance/
I remember that
no not bad at all
come on let the guy have his dog story who cares. So he is fond of animals great lol
after approval there will be no immediate production shortage for first DCVX L needs to be good old fashioned sold as all innovative new drugs have to. Its not as if all countries/insurances companies 4 weeks after approval will have the reimburseument in place it will take quite some time, so there will be no immediate haste to step up production or production challange as Senti suggests ..
For the UK the production is more than sufficient as it is now
But I expect this to be Mercks problem after they bought NWBO and Advent
the challenge is not only the production capacity after approval the challenge is first and foremost getting all countries/insurances companies in a reasonable amount of time ready to reimburse approved DCVX L.
This is something that a Merck will be able to do blindfolded and NWBO has not even start to begin to think about thinking about.
NWBO already has proven DCVAXL to be safe for its patients years ago.
So there was no need for NWBO to submit an amended SAP to arrange any sort of safety issues with the FDA and EMA as you assert.
Biotech submit SAPs with RA's to which the data can be unblinded to see if their drug is efficient. Its therefore vital the RA's (Regulatory Authorities) approve of the SAP (SAP means Statistical Analyze Plan of the Biotech) beforehand so the Biotech can say hey people look we have met the endpoints of our new drug we know now it is efficient or not.
If the RAs do not approve (amended) SAP before datalock then it will be very difficult todo so after.
You claim the amended and submitted SAP with the RA's was for some sort of safety issue is therefore complete nonsens
exactly if that were the case it would be absurd misleading and fraudulent IMO
from a legal stands. How long can any listed company maintain they are in a process doing somethimng and then never do it/ or make zero progress doing it without disclosing that?
1 year? 2 year? a 100 years?
If they are not unblinded yet than they have not been exposed to trial results. In that case the mandate to disclose negative trial results is a bit different but its not that simple.
Its too bad no one read my post here because my post here is quite interesting https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167260618
1. First of all.
NWBO made certain statements in their 8K's that would be misleading if they had no unblinded
A duty to disclose a non-public material fact may arise if the company makes statements that will mislead unless the company also reveals the negative test results. Joseph W. Cormier Mahnu V. Davar Volume 29 2013
https://scholarship.law.edu/cgi/viewcontent.cgi?article=1016&context=jchlp
Now NWBO repeatedly said this in their previous 10Q’s:
aha I see
If the trial turns out to be a failure then NWBO did not comply with different SEC regs and management should for that reason be prosecuted.
Therefore I have made the conclusion I just made which is that the trial is a succes which is part of my extensive DD on the trial and there is nothing and no one that can chance my mind on that.
NWBO is mandated to disclose a trial failure different legal sources and lawyers confirm this.They did not THUS the DCVAX L trial is a succes.
I.a duty to disclose a non-public material fact may arise if the company makes statements that will mislead unless the company also reveals the negative test results.
From Predictable Materiality: A Need for Common Criteria Governing the Disclosure of Clinical T e of Clinical Trial Results b rial Results by Publicity-T y Publicity-Traded Pharmaceutical Companies Katherine Cohen Joseph W. Cormier Mahnu V. Davar Volume 29 2013
https://scholarship.law.edu/cgi/viewcontent.cgi?article=1016&context=jchlp
100% agree moreover
If the FDA had flat out denied the new/amended trial design after NWBO submitted it, than that would have been a material event for that would mean DCVAX L could not be approved not matter what the data would say under that new/amended SAP
https://www.orrick.com/en/Insights/2020/05/Managing-and-Maintaining-Clinical-Trial-Disclosure-for-Publicly-Traded-Life-Sciences-Companies
To answer my own question I dont think NWBO is waiting for this guidance, nor should they, to come into effect officially at all for the reasons SOS previously already outlined in his blog of Jan 16 2020
https://smithonstocks.com/northwest-biotherapeutics-why-i-believe-there-is-a-high-probability-for-approval-of-dcvax-l-nwbo-buy-0-21/
Proposed New Guidelines Are Very Positive for DCVax-L
This report is focused on comparing the blinded results of the DCVax-L trial with the results from the phase 3 trial that led to the approval of Novocure’s medical device Optune in nGBM. However, it is important to juxtapose this with proposed guidelines from the FDA advising companies on what type of trial design and clinical data will now be acceptable to the FDA in considering regulatory approval. On December 19, 2019 the FDA released for comment proposed guidelines called Demonstrating the Substantial Evidence of Effectiveness for Human Drug and Biological Products. Here is the link.
Aggressive short sellers of NWBO have claimed that the FDA will not approve DCVax-L because of flaws in the trial design. They reference the general agency guideline that approval should be based on two well controlled phase 3 trials which compare a new drug to placebo or effective therapy. Because Northwest executed only one phase 3 trial, the shorts argue that NWBO will have to do a second confirmatory trial. This would be devastating. The new guidelines dismiss this argument. They state that in the case of life threatening diseases with unmet medical need like nGBM that the FDA will consider one well controlled trial as adequate for approval.
Actually, this is already how the FDA is currently operating. It has become common for the FDA to approve drugs on the basis of just one trial. Optune was approved on the basis of just one phase 3 trial. The CAR-T drugs Kymriah and Yescarta were approved for r/r DLBCL on the basis of open label, phase 2 trials that enrolled 115 and 112 patients respectively. Interestingly, the endpoint of these two trials was objective response rate (tumor shrinkage). At the time of approval, there was no meaningful data on survival. The phase 3 trial of DCVax-L initially enrolled 232 patients on DCVax-L plus SOC and very importantly, there is strong data on survival as the last patient was enrolled over four years ago. It is a much more meaningful data base than that which led to the approval of Kynmriah and Yescarta. The mOS of r/r DLBCL before the CAR-T drugs was about eight months and the mOS of nGBM with SOC is about 19 to 20 months. Both would seem to meet the FDA definition of life threatening, highly aggressive cancers. We can easily dismiss the short sellers’ contention that having only one phase 3 trial of DCVax-L is inadequate for approval.
The short sellers also argue that the FDA will not approve DCVax-L because it does not have a large enough SOC group against which to compare results for DCVax-L plus SOC. As previously discussed, the trial allowed patients who progressed on SOC to then receive DCVax-L. As a result, only about 30 patients in the trial received just SOC and never received DCVax-L. This compares to about 99 patients who initially received SOC. The short argument is that this small sample of SOC patients will result in a p value much higher than the p≤0.05 generally required for approval. However, the proposed guidelines state that in the case of a life threatening disease like nGBM, FDA will consider historical results from other trials. In this report, I have identified six trials in which 1,608 patients were given just SOC. The mOS in these patients fell in a tight range of 19 to 20 months. The proposed guidelines indicate that NWBO can statistically compare DCVax-L plus SOC results in the phase 3 trial to these historical results. This is huge.
Looking down the road, this new willingness to accept historical controls also augurs well for future trial of DCVax-L in other solid tumors. The FDA also says that if mechanism of action has been established as hopefully will be the case in nGBM, that it will take this into account as trials are done to expand the label into other indications; i.e. other solid tumors. This could result in the approval of DCVax-L for numerous other solid tumors on the basis of small phase 2 trials like those that led to the approval of Kymriah and Yescarta. This is equally huge.
thank you Flipper if it wasnt for you I has way less answers thanks have a wonderful Xmas
thanks lrdpdx77 100% agree have a wonderful Xmas
thank you Mionaer
Only thing that needs to be translated here is the word "missverständlich"
Thats all you need to know
I agree with you lrdpdx77,
Im also invested in other biotechs and the trend, unfortunately, at present in the markets is that positive read outs are no longer a green light for whales to jump in. Heck if anything its a green light to short the biotech stock after positive TLD.
Im afraid that the days for huge gains after positive TLD are for now over. Im convinced that the DCVAX L publication we are waiting for will show that DCVAX L will be the new SOC for true GBM. What I am however not so convinced about anymore is if that will set the SP to a level that most investors want it to jump to. The market yells at listed companies: SHOW ME THE MONEY. DD showed some sort of survey on Twitter of ¾ of people thinking NWBO SP will be above $20 at the end of Q1 after publication, I hope it will be so but Im afraid many will be disappointed if they have this as a price target.
We need uplisting, revenue and approval for a MC of > $ 20 billion.
if the trial had failed they had to disclose this many months ago within 4 business days as they themselves have said they would they did not do this thus the trial is a success.
CVM did indeed disclose their failled trial after they have become fully aware approval is unlikely.
I have spoken with a highly reputable SEC lawyer specialized in biotech on this.
You think I would invest what I did without paying a SEC lawyer a lousy $500 for talking with him 45 minutes? Its laughable some here think they are believable on anonymous MB
Its not Just LP ex and you know it
Even if your falsehood in a parallel universe were true and NWBO management and its scientific board of directors and Dr Liau are all aware the trial failed but the SEC does not require to disclose as such then you are also and still saying they all have no problem
- leave investors such as the last lender in delusion not telling there is no product DCVAX
- treat patients for months now with the knowledge of unblinded data, taking their money knowing fully well the treatment is not efficient
Thus you ARE asserting Prof Keyoumars Ashkan Prof Dr Liau, NWBO's scientific board of directors, and management are all swindlers and con artists?
That IS what you are saying. wow
NUTS completely NUTS
BS
Its typically you to post nonsens without source. You are now asserting you know better than westwicke lawyers. NO one believes you without reliable source.
https://westwicke.com/2019/11/keys-to-successful-disclosure-of-clinical-trial-data-and-milestones/
Anyway you are wrong as always
thanks Yes I have been buying 25% of my monthly salary for a long time. Now at 220k shares, hope for you, you can pick up some more :)
I think we should all prepare to wait as far into Q1 could be Jan could be March 2022 then the SP will move to >5$ finally
meanwhile I bought another 10K shares today at 81
yup lol yes thats me
so are you saying the trial failed? are you?
so you have no problem asserting NWBO management and its scientific board of directors are swindlers, crooks for not disclosing a failed trial and will be investigated by DOJ and or SEC?
https://westwicke.com/2019/11/keys-to-successful-disclosure-of-clinical-trial-data-and-milestones/