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neuroinv

02/24/10 1:08 PM

#32403 RE: enemem #32402

The contributors to this Board probably watch Cortex more closely than anyone outside of Cortex employees. There has not been any substantive reason for the price to move up strongly--the financing extended lifespan, and staunched the bleeding. But the task remains the same: They have to produce a tangible achievement:

It will probably be a RD deal, with or without SA ( I have no idea which--so long as it doesn't include CX-1739)
Much less likely: ADHD/CX-1739 or neurodegeneration/high-impact deal

OR--positive SA data: And I am not counting on that after all this time, given the evidence that the apnea endpoint fluctuates a lot even without any intervention

It will require one of these markers of progress, not just a longer runway, for significant change in valuation.

NeuroInvestment