Any thoughts here here on why ECYT is tanking today. Very low volume. I thought the CC was pretty positive. MRK moving ahead in other indications. Burn is only $7 million/quarter. $211 million cash on hand. EU filing on track for this year.
Maybe the fact that the CFO said that EU approval was 12-18 months away shocked some investors. (The CEO was not on the call due to a "family emergency.")
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