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TerribleTwit

01/25/12 9:32 AM

#54948 RE: pocketchange 1 #54947

If this breaks .003 today, all hell could break loose ...

fmrick

01/25/12 9:39 AM

#54949 RE: pocketchange 1 #54947

Even if successful, it is not a cancer cure. It is a cancer treatment. One that is in PII trials. Less than 40% of the drugs that pass through PII sucessfully ever get approved.

If you want a great example, just do some historical research on GNTA. They got all the way through PIII, submitted to the FDA an NDA that EVERYBODY thought would be approved, and the FDA said NO.

There is a lot more to getting a drug approved then just saying it works.

And no drug works for everybody. Usually you are lucky for you can help 20% of one type of cancer. And then you really strive for just extending the life of people with the that particular cancer.

If you are investing here without understanding this stuff, you are way over your head.