ANX-530 was never going to be the top billion dollar drug winner anyway, that is ANX-514 (IIRC the number right). I think they have about $1.50/share in cash still. With a little luck though, we may get some great deals during the market wide, world wide panic here on ANX shares as weak hands panic and try to sell all at once tomorrow, or if the funds start unloading too fast, too soon this month. I have little doubt this stock will get back to at least $2/share in the next 6 months, but for now it is possible this will drop to 50 cents in a panic tomorrow before it bounces on short covering and bottom fishing. But todays failure news, is going to make many think twice about gambling on the other 2 drugs.
This was failure of simple paper work, documentation, not a failure of the drug itself! Somebody in that organization should talk a long walk on a short plank!
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