For Prana stock to go ballistic from a $60m market cap position, it doesnt need to be approved, just accepted and partnered.
Yes, I'm certainly not suggesting nothing can happen with the stock until 2016. Clearly a $60M market cap is tiny and PRAN is targeting a large, underserved market. So, it wouldn't take much to move the needle higher in the interim, whether that be positive results in either program or a partnership or the expectation of either. I just haven't followed the story close enough to know how likely any of these scenarios are.