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BonelessCat

05/31/13 2:00 PM

#68355 RE: JG36 #68353

There's nothing relevant about FDA success if approval already exists in Europe, don't you think? Certainly not "exceptionalism." FDA approval would only mean furthering success.
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Puffer

05/31/13 2:06 PM

#68359 RE: JG36 #68353

That is fallacious reasoning, but then I pointed that out before and don't feel like repeating myself.
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Nanotoday

05/31/13 2:08 PM

#68360 RE: JG36 #68353

It also ignores the company's own stated strategy:

Strategy
Develop and test drug candidates in animals, then file data with the FDA for permission to move to human trials. We will consider licensing each drug after the completion of Phase 2a human trials

Revenue / Funding
Spent $17M in 5 1/2 years with 9 drugs in pipeline of which there are 5 lead candidates for eventual FDA submission. At historical spending levels, the Company has 3 years of cash in the bank although the path to the FDA will require increased expenditures on a monthly basis.