PharmaCyte Biotech Inc (PMCB)

[Triple9]

There are NDAs and then there are NDAs.

90% of NDAs signed every day are for things like demonstrations of new software features. (I spit out my iced latte one time in Starbucks because this guy pulled out an NDA form for a demo he scheduled in a public space.)

A biotech NDA is signed or a discussion never even happens. On the one hand, Big Pharma doesn't want a little pharma to go off firing off press releases about an insignificant preliminary meeting. On the other hand, little pharma doesn't want to share any data with Big Pharma unless it has a host of assurances.

Software demo NDA is with the salespeople. Biotech NDA is with the legal team. Fortunately for $PMCB, KW was the senior and managing partner of his LA office, so I know he hasn't signed any silly NDAs that would be disadvantageous for shareholders.