Biotech Values

[vinmantoo]

This really does test the definitions of initiation, site initiation, beginning of study.

I agree that if a company puts in an IR that they have initiated a study, then it is at that time point that the company can be held accountable for the amount of time required to complete the study.

If accountability does not start at the announcement, then the announcement is nothing more than a publicity stunt.

You seem to be missing the key point. ENTA didn't announce an initiation as a publicity stunt then decide not to proceed due to incompetence or because they lacked confidence in EDP-938, which represent Jake's negative view. Covid mitigation efforts ended RSV seasons, which made it impossible to proceed. After Covid mitigation efforts eased or ended in 2022 so ENTA began recruiting.