Certainly appears the market needs news beyond the petri dish. The current price has that in it already IMO. This dengue news is new news yet no reward. Market is going to be tough to impress.
IMO, this was a bigger story than the market realizes. The statement "significant efficacy" was approved by Dr. Harris. Significant efficacy, as pointed out earlier today, has a specific meaning in this context: "the study concluded that the observed efficacy was the result of the experimental treatment with a confidence of 95% or even 99%." http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50770997
And, as Piecemaker confirmed through the Banister post, the mouse studies are not only underway, but the data are trickling in.
A side note: >>"but initial petri dish tests "
Just to set the terminology straight, microbiologists use "petri dishes." Viruses can't reproduce in petri dish medium. The virus tests are performed on cell cultures. That's why virologists call them cell culture studies.
So, bacteria = petri dishes; viruses = cell cultures.