Replies to post #71937 on Biotech Values

[DewDiligence]

Re: Reg FD

[reply to quantumdot]: You need to call the company and ask for the data. If you call them and they do not disclose, and you're certain that they disclosed more to another party, then you have a beef. But if you've not called and asked, you have no beef.

This is an erroneous interpretation of Reg FD.

The onus of Reg FD is on the company to not furnish selective disclosure to investors in the first place. Under your interpretation of the regulation, investors would need to be in constant communication with a company to assure that they were getting the full set of material information that had been furnished to other investors, which is clearly absurd from a practical standpoint.

[quantumdot]

Re: Disclosure. PGS, I get all your points and agree entirely that BSR is not accountable. See my post over on the RPRX board (#msg-35012075) which echos your kudos point.

The point here is I am not certain Repros did disclose these other data re the trial and since David posted I thought I would grab the opportunity to ask him if these assertions of hptaxis had any truth to them. My only alternative was to subscribe myself just to see and I'm too cheap for that.