“We are excited about our re-branding and corporate name change reflecting our transition to a gene therapy focused company developing treatments for patients with orphan inherited retinal diseases,” stated Glenn P. Sblendorio, Chief Executive Officer and President of IVERIC bio.
In other words, they don’t want investors to be reminded of the Fovista failures.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”