If you like ‘long term’ investments NWBO is certainly the right place for you.
Next year will be the big year and seemingly always will be.
Maybe this time will be different and the cycle will not repeat.
I’d look carefully at what both sides gave to say about the science and a whole lot more carefully about what both sides have to say about the management as the main risk is on the management execution side since the science is more than good enough for approval (though not stellar) given the dread nature of this disease and the lack of viable treatments.
As you will learn though, regulators never force a company that refuses to submit an application in a timely manner to do so even when lives are lost and so right now the clock has stopped at the application preparation stage.