Pluristem Therapeutics Inc (PSTI)

[skitahoe]

I believe much of the problem has to do with people justifying their scientific viewpoint of how things should be done. It's very rare that the FDA will see excellent results being achieved and stop a trial and just approve a drug. It goes against everything they stand for.

Our drugs often spend over a decade in development. If benefits were clear in Phase 1/2 you could make them available at some price, where virtually all who received them were considered an additional trial, call it Phase 4 or whatever. That would bring the process down to a couple years, and save hundreds of millions spent in drug development, but their could be some problems, and all who opted for the drug would have to waive their right to take actions against the developer, or the FDA.

Gary