PharmaCyte Biotech Inc (PMCB)

[DragonBear]

Yesterday was the 2-year anniversary of the announcement of a pre-IND meeting with the FDA.

It was such a dramatic announcement too. LOL

First time I had seen multiple PRs about a pre-IND meeting for a treatment which had never been in a CT. A real biotech company, would announce a drug is starting pre-clinical, giving a target Q for when an IND will be filed. Then comes the announcement a CT has started. Instead Kenny pumped about a pre-IND meeting. Strongly suggesting an IND was just around the corner. Then Kenny suddenly recognized pre-clinical was required.

Note again, the PR said the comparison arm would be gemcitabine in patients where the cancer was already resistant to the drug. A sign that Kenny or whoever thought of that as a control arm was delusional.

All of the projected funding hasn't been going too well since then.