Ayala Pharmaceuticals Inc (ADXS)

[cdiddy01]

One has to wonder how they get out of this. The company was blindsided by Amgen. They have no financial resources and no ability to raise. Their only financial partner for anything has left. To have gone this long without a response makes me think they really didn’t believe this could happen. Their timelines have all changed, again.

In the end, it seems like most of the investment thesis for owning Adxs is gone. Amgen leaving was the last big one. I’m just holding out to see what happens...I hope Merck does something.