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DewDiligence

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Re: ronpopeil post# 1773

Wednesday, 06/15/2011 3:20:01 PM

Wednesday, June 15, 2011 3:20:01 PM

Post# of 7054

FCSC—They have a JV with a company in China. If they receive FDA approval, they believe strongly China will approve LaViv.

It doesn’t work that way, Ron. Applicants have to run a successful clinical trial in China to get approval to market a drug in China. Then, there's the non-trivial matter of reimbursement.

Expecting meaningful commercial sales of laViv in China is a pipe dream, IMO.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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