Biotech Values

[mcbio]

ECYT - The earnings call is next tuesday and an update on the EU application will be provided then.

Yeah, I listened to the Cowen presentation yesterday and they said they expected to give guidance in a week or so, so that makes sense.

Ron Ellis, the CEO, seemed to indicate that the EU would encourage them to apply for accelerated approval.

Are you of the expectation that just the announcement that they plan to file for accelerate approval, if that is indeed what they announce, will cause a jump in the share price or do you expect it would take an actual ultimate decision to move the stock?