Wednesday, August 18, 2021 4:58:54 PM
I came in during the covid hype, and I am seeing a lot of things accomplished in a very short time by an OTC company. Most number of eINDs, two completed trials, at the same time going after LH, Cancer, Nash, HIV. Going after opportunities in multiple other countries, getting set in Brazil for a final and decisive push for Covid.
This is doggedness that I appreciate, if not marvel when I think back. Did the efforts come out successful in a binary scale? Not yet, but good intent + determination + hard work will add up. There are some intangibles that cannot be replaced easily; we either sense and value or not. What we call incompetence is part of the growing pains. Big Companies have it and more so the little ones. Which of the approved drugs (Remdesivir, Tocilizumab etc.) just got perfect results in every trial? cd12 is a stepping stone; Brazil is the completion.
Fine if some want to put the management on watch due to their past failures. Sometimes however the method of "watching" becomes a hindrance to the work at hand. Every minute spent in dealing with these threats and manipulations and their effects on SP etc, is a minute lost for working to get LL to succeed. That minute lost cannot be directly blamed on present incompetence of management but rather on the shareholders who employ the tactics based on what they see as incompetence of the past. But the goal of the detractors being the removal of the management, for the supporters of the management, the opposition efforts are directly against their immediate interests. For their focus is on the work that the management is trying to do right now and they have conviction that the management is already on the right trajectory.
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