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Re: gosox12 post# 8858

Friday, 04/10/2020 2:54:38 PM

Friday, April 10, 2020 2:54:38 PM

Post# of 12414
gosox12, you posted:

The market clearly does not like that last PR announcing we'll be doing our own testing on the dry eye drop application. ... This decision to test it ourselves now moves the time frame out many months, and possible much longer, as getting through FDA approvals is a lengthy and often unpredictable process--especially now in this new age of the Corona Virus.

I went back and reread the April 6, 2020 PR and don't find where PKTX announced that they (PKTX) will do their own testing. It did talk about the test that have been done already.

The March 19,2020 PR stated:

“Following the successful completion of recent testing of our AAGP® for dry eye disease, we need to ensure all our intellectual property is patented in order to protect its value.” - said Clarence E. Smith, president and chief executive officer.

I thought I read where PKTX was going to control the production and marketing of the product for the dry eye disease. I tried to find where I may have read it but could not, so I am probably wrong on that.