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Re: rudygerner post# 73010

Tuesday, 08/08/2017 4:02:33 PM

Tuesday, August 08, 2017 4:02:33 PM

Post# of 144814
Regarding Austrianova's FB post, J&J ended its partnership with Capricor in July. The partnership was announced in Jan of 2014.

http://www.fiercebiotech.com/biotech/capricor-yo-yos-as-j-j-dumps-stem-cell-partnership

For those of you who are wondering what sort of Kaboom! could happen please take a look at $CAPR's 5 year chart. $PMCB is no $CAPR, just pointing out to an example of what happened to a stock after a Janssen partnership was announced.

Overall, strongly reinforces my support for KW's comments about taking the time to get the IND absolutely perfect. Several other biotech stocks I own have taken hits recently over what I believe to be poorly designed trials of otherwise useful new drugs.

Go $PMCB!

Know What You Own. My posts should not be construed as investment advice.

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