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CashMoneyCarl

10/19/18 3:17 PM

#30821 RE: mc73 #30820

Chances are (if u look at the % of drugs that do clinical trials vs how many get FDA approval) it will fail and the cost will be in the multi-millions = debt and profit drain.



The flip side of this is the appeal for the patent fails and CVSI is denied (for real) a patent at all. That might mean that the 007 drug is put on the back burner, which would mean no clinical trials and no debt. So in a way it could work out because no debt is still a good thing.
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SweetEquity

10/19/18 3:42 PM

#30823 RE: mc73 #30820

I'm would think a patented formulation with CBD, assuming the other components are not novel compounds, would not go through the very expensive and long NDA approval process. I would think it would go through the abbreviated 505 (b)(2) process. Key features of 505(b)(2)Drug Approval Pathway and Getting Cannabis Related Products Approved: The 505(b)(2) Projects
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ap17

10/19/18 4:18 PM

#30831 RE: mc73 #30820

Agreed! That would be the ultimate move capital wise.
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baldingcontrarian

10/19/18 5:15 PM

#30838 RE: mc73 #30820

Yes as stated months ago

That s my number one concern-they go it alone

It would make no sense fr them to do that

We are a CBD marketer
Not a pharma

Costs would be stupid