I don't believe that will be the case. The company clearly indicated they took covid-19 into consideration when they gave us their estimate, but equally important, while our efforts have been far less than perfect, it most State's we've lowered the curve sufficiently to not completely overwhelm our hospital capabilities. Now in many State's they're once again permitting optional procedures to be done. In short, Doctors can now be doing more of what's normal for them, they all aren't needed for covid-19 patients.
I believe most clinicians can once again practice as clinicians. No doubt, many Doctors are still tied up with Covid-19 patients, but I believe clinical work will still be permitted to advance, and data gathering to complete trials should be permitted to be carried out.
I think that LP would have given herself some wiggle room based on when the earliest the work could be done, I'd not be surprised if we saw TLD a week or so before most anticipate it, rather than late. While I believe we're far from over this pandemic, and it may get worse by Fall, I do believe that some degree of normalcy will return. I really question if stadiums and auditoriums can be filled, but I suspect sports, perhaps with limited or no fans will return, athletes will be tested frequently, but be permitted to play for the cameras. Restaurants will reopen, with far less seating, and may need to be subsidized for some time, but it will be done to keep them in business, many will fail. In short, we'll be in a different sort of normalcy, and we'll remain there until we either have a vaccine, or a therapeutic that greatly reduces the risk. On the therapeutic front I'm happy that PLX-PAD is going into clinical testing, it's worked anecdotally on several ventilator patients, and I believe it could be one of potentially a few stem cell based drugs that could be a game changer.
I really can't say that even a decade from now we won't still be getting over this pandemic.
Gary
