Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

Frankly, nobody on this board knows why Amgen bailed on NEO. It’s all speculation, whether it’s manufacturing issues, exorbitant price, or something fundamental with the science. Only Amgen management knows for sure, even it’s possible that Advaxis management is just guessing why this transpired.
In this vacuum, the markets are not speculating about the reason for discontinuation— they are assuming the worst possible scenario and selling. We are in a “prove me wrong” mode. Advaxis needs to show it’s now science that failed. They have to come out clean from this mess and tell us what happened. The prove could be a deal signed with other BP. Until then, nobody will believe a word that comes out of Ken.