InvestorsHub Logo
icon url

Whalatane

08/16/20 2:28 PM

#7745 RE: PennyWorld #7736

PW. Thx .. Dr Javitt. already has a funding relationship with a GEM fund

https://www.prnewswire.com/news-releases/neurorx-secures-hk-750-million-capital-commitment-from-the-gem-group-for-development-of-nrx-101-300943632.html

But it lists them as US based ?

Just seeking some clarity ( my life's mission :--) . The similarities with AMRN are interesting . AMRN was trading at a low of around 84 c in late 2014 and at risk of being delisted
. Baker Bros came in and funded the Co ( plus a loan shark deal with a small Pharma lending co ) ....and they completed the Outcome clinical trial . Drug worked and FDA approved ..stock hit $26 Dec 2019 then Co lost a patent challenge and the stock crashed to mid $6 's .
That decision is currently being appealed

Hopefully we don't repeat that last part .

Kiwi