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Tuesday, March 15, 2022 4:36:48 PM
So, in my perspective there are only 2 ways to see this; 1. They know the trial failed, are scrambling to find a way to save it, and are so stupid they’re expanding the FlaskWorks system so they can use it for 40 patients/mo. In one little country. That story has no legs at all. 2. They’re working to build a consensus, writing their BLAs/MAAs, expanding FlaskWorks so it’s ready before the fall and perfect timing for approvals, in the Peer Review process as we speak with the journal I think it will land in. This last particular part is key because if we’re there then it’s going to be fairly soon.
When investing in an early stage biotech, especially this one, one has to understand completely the technology, the environment they’re in, the reasoning behind things that are not explicitly evident, etc. It’s a calculated risk and there’s no way around that. Look no further than any biotech who expected to have great results, said so, then they didn’t. The shorts are going to hang themselves. Maybe tomorrow
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