Oramed Pharmaceuticals Inc (ORMP)

[Amatuer17]

ORMP - what next - I am still invested in this co but my profit has drastically cut down. I invested for Oral insulin as the product. The Covid vaccine has diverted their focus.

This is what they said on Jan update

“ORA-D-013-1, the larger of two concurrent Phase 3 oral insulin trials, has enrolled over 75% of the 675 subjects planned for the U.S.-based trial. Additionally, more than a quarter of the planned 450 patients in our second Phase 3 trial, ORA-D-013-2, have been enrolled.”

However they had said about 75% enrollment on Nov 23rd - so no progress.

We will get some update based on 6 month interim results - let’s hope they are good.

The NASH enrollment is complete and we can expect those results in 4 months - they can move share price quite a bit.