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naturalborninvestor

12/13/17 12:38 PM

#682 RE: sportd #681

There are several more options, including resubmission at a higher dosage or buying revenues in an adjacent field. But a merger or acquisition is the most likely outcome. The drug certainly has value. Insiders had not put up in excess of $2 million through open market purchases if they expected this to just go out of business.
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longx

12/13/17 1:13 PM

#684 RE: sportd #681

By hiring Cowen, they're definitely working hard in getting the company sold given the possibility of Somavaratan to be optimized (w.r.t. dosage/frequent-usge) to meet all targets. Closing down shop, distributing the cash is the last option and they're NOT going to let it happen.