PharmaCyte Biotech Inc (PMCB)

[Triple9]

Absolutely. KW has said repeatedly they get one chance and it has to be perfect.

Google "failed FDA Phase III 3".

Here, I'll save you 3 seconds: http://www.genengnews.com/the-lists/unlucky-13-top-clinical-trial-failures-of-2016/77900787

Notice the phrase "missed primary end points" in every case. So you have drugs that are safe and effective - that actually work - but because of poor trial design failed to get FDA approval.

Result? Millions of dollars for clinical trials wasted and market caps destroyed.