News Focus
News Focus
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skitahoe

03/29/24 12:51 PM

#682132 RE: HappyLibrarian #682107

HL,

I agree with you about not knowing the direction management will take. The last thing the FDA and SEC want to see is hype, but a properly designed PR campaign can easily be done without appearing to hype what the company has developed. I hope they approach it that way.

I'm off to back surgery, more later.

Gary
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biosectinvestor

03/30/24 12:27 PM

#682256 RE: HappyLibrarian #682107

No, that’s not an FDA requirement. It’s an SEC requirement for 8-K’s. Receiving approval to market a drug from regulatory authorities like the MHRA or the FDA would generally be considered a material event that requires public disclosure under SEC regulations.

You’re going to hear about it. It is going to make news. How it is covered again, is often a function of the fact that typically media will focus on the researchers who did the study and often will at best bury a company name somewhere hard to find in an article. If it is a penny stock, they may not mention the company name at all. However, such rules typically do NOT apply in British press, international press or scientific press, where the name of the sponsor and how to get the drug are actually material information for their doctor / readers.

US press, they are anxious to avoid looking like they are promoting corporate interests. Business press won’t cover it unless there is an angle, like the lawsuit, maybe.