Not necessarily true.
It's a Phase 2b/3 for a reason.
Meaning it will move IMMEDIATELY into Phase 3 with positive data. No submissions, waiting for approval, etc.
Negative data sinks the COVID-19 angle forever, not until summer
On the other hand, per the CEO, Some preliminary data results are expected Q1 of 2021.
Hope this helps. Good Luck!
LS5