Thursday, July 17, 2025 10:02:01 AM
FeMike, you’re asking for evidence that NWBO is in the labeling phase. That evidence is right there in the language used by NICE in the July 15 response, and it aligns exactly with how the MHRA and NICE processes are structured.
When NICE says NWBO is “still fully occupied and engaged in the MAA process with the MHRA” and “not yet in a position to provide their evidence submission,” that describes the labeling phase, also known as SmPC finalisation.
Here’s the regulatory proof:
1. MHRA guidance explicitly states that once the review of an MAA concludes, the agency works with the sponsor to finalize the Summary of Product Characteristics (SmPC) which is required before the license is granted and published.
Source: https://www.gov.uk/guidance/apply-for-a-licence-to-market-a-medicine-in-the-uk
2. NICE appraisal guidance confirms they cannot begin evaluation without the SmPC or equivalent evidence.
From NICE’s official STA process guide (PMG24):
“NICE will only begin the appraisal process once a product has been granted marketing authorisation (or is expected to receive one) and the company is in a position to provide an evidence submission including the SmPC.”
Full source: https://www.nice.org.uk/process/pmg24/resources/single-technology-appraisal-and-highly-specialised-technologies-evaluation-user-guide-for-company-evidence-submission-pdf-72286713172933
This is not speculation. The process is defined. The only reason NWBO would be “fully occupied” with MHRA yet not submitting to NICE is because the SmPC is still being finalized. That is the labeling phase, and NICE’s response confirms it in plain English.
You may disagree with the interpretation, but the regulatory structure makes it clear. This is how approval is implemented. The company isn’t waiting for a decision. They’re working on how it will be published.
When NICE says NWBO is “still fully occupied and engaged in the MAA process with the MHRA” and “not yet in a position to provide their evidence submission,” that describes the labeling phase, also known as SmPC finalisation.
Here’s the regulatory proof:
1. MHRA guidance explicitly states that once the review of an MAA concludes, the agency works with the sponsor to finalize the Summary of Product Characteristics (SmPC) which is required before the license is granted and published.
Source: https://www.gov.uk/guidance/apply-for-a-licence-to-market-a-medicine-in-the-uk
2. NICE appraisal guidance confirms they cannot begin evaluation without the SmPC or equivalent evidence.
From NICE’s official STA process guide (PMG24):
“NICE will only begin the appraisal process once a product has been granted marketing authorisation (or is expected to receive one) and the company is in a position to provide an evidence submission including the SmPC.”
Full source: https://www.nice.org.uk/process/pmg24/resources/single-technology-appraisal-and-highly-specialised-technologies-evaluation-user-guide-for-company-evidence-submission-pdf-72286713172933
This is not speculation. The process is defined. The only reason NWBO would be “fully occupied” with MHRA yet not submitting to NICE is because the SmPC is still being finalized. That is the labeling phase, and NICE’s response confirms it in plain English.
You may disagree with the interpretation, but the regulatory structure makes it clear. This is how approval is implemented. The company isn’t waiting for a decision. They’re working on how it will be published.
Bullish
Recent NWBO News
- Northwest Biotherapeutics Announces Establishment Of the Company's Own Dedicated Leukapheresis Clinic • PR Newswire (US) • 04/21/2026 01:30:00 PM
- Northwest Biotherapeutics Announces Establishment Of the Company's Own Dedicated Leukapheresis Clinic • PR Newswire (US) • 04/21/2026 01:30:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 04/21/2026 04:15:08 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 04/16/2026 09:25:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/07/2026 04:30:50 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/31/2026 09:04:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/15/2026 10:06:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2026 10:14:59 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 11/28/2025 09:43:27 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 11/25/2025 10:23:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/20/2025 09:26:03 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 11/19/2025 09:15:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2025 09:44:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2025 04:29:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2025 08:40:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/24/2025 04:28:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/14/2025 06:22:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2025 09:00:38 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 07/01/2025 09:04:38 PM
