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Monday, January 13, 2020 3:57:57 PM
EA had stated (a few months ago) that by the end of 2019 they would have downstream development complete at CDMO's #1 and #2. As we suspected, this is still not complete. Big shocker there....
One thing that struck me as strange is on page 9, "Initiate GMP batch production at CDMO 'if needed'". I would love some clarity on what "if needed" means as that seems like a very odd choice of words that has never appeared on their literature before. In order to produce the cannabinoids, it is necessary to produce the batches so how else are they going to produce them? Unless that "biological burden" Eric Hsu mentioned is more serious that first expected..... I really hope he discusses and expands on that tomorrow but I'm not holding my breath.
More can kicking by the master EA.....
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