Replies to post #30972 on Ayala Pharmaceuticals Inc (ADXS)

[attilathehunt]

Maybe they were getting everything lined up waiting for the FDARA to pass which it did last week. I believe any trials starting now will be under the new set of rules. I'm hoping several bios are set to explode.

[exel_mm]

I don't think so. I think it's more related to positioning around an EU partner and/or some sort of licencing, followed by EMA submission. If all of these events transpire, the valuation should land between 1.5 and 2 billion in short order.

[attilathehunt]

I know the EMA approved our manufacturing facility, but did the FDA approved it?

[exel_mm]

I suspect that next week will be very, very interesting, prior to heading into the The European Society for Medical Oncology (ESMO) conference...