NanoViricides Inc. (NNVC)

[NNVClover]

8 months to the "pre-IND stage". What is amazing is after 10+ years of investing exclusively in healthcare, I have never heard of the "pre-IND stage". I've heard of lead nomination stage, toxicology stage but not "pre-IND". This is not a "stage" or "phase". This is a phone call with the FDA. What I'm interested in is the time to an IND. When that time frame is undetermined, I can usually safely assume there is not an IND coming. If the company has not identified the gating factors to filing an IND, then it is unlikely that they will be able to conduct the activities required to make progress against these gating factors.

This is simple logic. I am not interpreting ANYTHING. You cannot argue with syllogism, axioms and facts. Tricking yourself into thinking you're right is not what you want to do when you're risking your hard earned money.