Thursday, March 04, 2021 1:35:14 PM
- I hope and assume you are reading all of the news releases, new articles and watching the Proactive videos, Biopub videos, various news clips, etc... like the rest of us.
- Reading message boards is important also, but should be last on the list of importance. Put simply, you should not be getting your news or making investment decisions from what you read on message boards.
The answer to your questions was originally answered in the news releases on:
Feb 17:
https://www.globenewswire.com/news-release/2021/02/17/2177029/0/en/Algernon-Pharmaceuticals-Provides-Update-on-COVID-19-Phase-2b-Final-Study-Data.html
...and..
Jan 07:
https://www.globenewswire.com/news-release/2021/01/07/2154898/0/en/Algernon-Pharmaceuticals-Announces-Plans-for-2021.html
This same info has also been talked about by Chris Moreau (he's the CEO of Algernon), in many Proactive and BioPub videos.
As a matter of fact, just yesterday, on the DMT BioPub video, Chris Moreau mentioned again that the database will be locked for analysis this Friday (March 5th) and at that point everyone (including Algernon execs) wait on the FDA to make their decision. No one knows what the decision is going to be or when the results of their decision will be revealed. What WE DO know is that it will be released "shortly thereafter".
Lastly, it has been mentioned on this message board numerous times. It was actually mentioned in the last couple weeks on this message board, if you happen to be following along.
Heck, even MoneyS talked about it yesterday in a message:
He quoted the Feb 17th news release and then stated:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162281615
So, as you can see, no one knows how long "shortly thereafter" is going to take.
We are all hoping it will be only a fews days or a week, but the reality may be 2, 3, or 4 weeks.
It is a waiting game at this point until the FDA analyzes the data and complete their report.
Hopefully the report is a very positive one that results in an Emergency Use Authorization (EUA).
Good luck.
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