NorthWest Biotherapeutics Inc (NWBO)

[Umibe5690]

Here is updated info from LG:

1. When they announced the ASM for April 18, they were on track to announce Datalock and TLD announcement was slated for ASCO. That was the gist of "interesting"..

2. With the intervention of COVID, they lost about two months. Through work-a rounds they were able to make up some time.

3. Data-lock is planned for end of May. At data lock the trial will be unblinded at the same time. That is what LG said. The data will be analyzed by the statisticians and other external parties for 2 weeks and then turned over to NWBO. NWBO will do checking and carefully go over the data and plan for best preparation for TLD announcement. They will consult with the SAB and their own consultants and this will take three weeks. The whole presentation and announcement should be available by the end of the first week of July, 2020. They will not wait to announce at a conference, etc. They can make the TLD announcement at a Press Conference and hold a CC.

4. LG does not believe this schedule is too aggressive. Unless there is an unforeseen intervening event, LG is confident that this guideline will be met. He understands that management credibility and reputation is non-existent but promised from now on more transparency. If anything materially changes, they will keep shareholders updated.

FWIW.