Replies to post #119827 on Biotech Values

[iwfal]

ONCY -

company has an SPA in hand

Ok, missed that they had an SPA. Shouda checked. But nonetheless I wouldn't give it high odds given the other data (or lack thereof).

PS Note that the PR announcing the SPA says they use Adaptive Trial design so it will be interesting to learn exactly what the limits on adaption are.