Replies to post #880 on Ampio Pharmaceuticals Inc (AMPE)

[0210]

"new study in 2020...$985 million, and the average cost was $1.3 billion, which was much lower compared to previous studies, which have placed the average cost of drug development as $2.8 billion."

https://theskepticalchemist.com/process-costs-drug-development/

[TJG]

Thats all well and good and the Ortho drug will be a steady stream of revenue for years and years to come...but the Nebulizer trial, if as successful as the injection trial was will all but guarantee a 1000% gain... Covid is once again turning into a world wide pandemic all over the globe. While its a drug that can be used in other instances of lung disfunction its value lies in getting patients out of the hospital within a 5 to 7 day span... Having just announce that trial was starting the first part of last week, I am very suspicious VC having pulled money out of this when the trial is for safety and results after 5 days along with SOC and placebo and SOC... no reason for anyone to pull money but especially a Venture Capitalist.

[Citrati]

After today I would like to see 1.05 tested and hold in an orderly consolidating manner. We shall see.