NorthWest Biotherapeutics Inc (NWBO)

[Maverick0408]

Not just that they should have applied for PIP soon after the data lock. They did not. Did they not know about this requirement?

Also, they should have used CRL or other CDMO for their UK regulatory application while continuing to work on developing Flaskworks at Advent. They did not. And in the process we have lost about 30 months from data lock.

With experience and proper execution, this could have all been accomplished in 12-15 months at the max considering the COVID related issues and a small team.

Given the history of such missteps, I seriously doubt if EW healthcare is going to risk a significant capital with this team. Even if they do at some point, they will squeeze the hell out of the management and would want much higher discount than what they are currently selling the C shares for.

I doubt we see $2-3B market cap again until we receive FDA PDUFA dates.