News Focus
News Focus
icon url

Drano

12/23/14 10:07 AM

#83808 RE: TheHound #83804

3 months ago we were at 2. Now we're at 4. I for one am not disappointed.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ctix&insttype=&freq=&show=
icon url

BonelessCat

12/23/14 12:51 PM

#83843 RE: TheHound #83804

Here is why I'm not disappointed:

-Cohort 10 news for Kevetrin: updates will be presented January 12th. I suspect it will be part of the year end summary of events and progress.

-Phase 3 news for Brilacidin ABSSSI--FDA meeting outcomes including fast-track definitions: updated that the FDA wants more PK data before a final decision on Phase 3 trials. This is actually good news as the use of plural states that there will be more than one Phase 3 Brilacidin trial and implies the additional trials will go beyond ABSSSI. Leo can't state this directly until CTIX meets with the FDA and receives guidance and approval.

-Phase 2 start and protocol Brilacidin OM--FDA meeting outcomes including fast-track definitions: IRB approval is the same as the start of recruitment and treatment. Again, updated to say the information will come on January 12.

-Phase 2 or 2/3 news Prurisol: Another update that the information will be January 12.

-All 4 of the above.: Sorry if this is confusing. It was meant as a multiple choice reference as in "or all of the above", not that all of the above would come in December.

Please be aware that I have already stated my satisfaction with yesterday's update as it contained some bottom line data including and especially that Brilacidin was equal to Dapto 7 days across all 3 arms including the lowest dose. No matter what others may have stated, we did not know that until yesterday's confirmation. That .6 mg/kg will eliminate all AEs other than those few people who can be easily screened for sensitivity.

I'm not a trader looking for quick profits on a Santa spike. I hold a large position and continue to hold that position. Nothing in the PR to disappoint.