Replies to post #138974 on Biotech Values

[dav1234]

Thanks Dew,i assume SEC has to concur that filing is to remain confidential or is it simply at the discretion of the company?

[biomaven0]

The period of confidentiality is usually long enough to run well beyond the point where the information in question would have any material value to competitors.

The choice seems to be 5 years or 10 years, with the latter more common from what I have seen (in biotechs anyhow).