Several large institutions have divisions that strictly invest in platforms that get awarded orphan status. They buy and hold until it launches or fails...I was told by a trusted advisor friend of mine...that if AMBS receives orphan status our pps will jump to ".30 plus". The increase in pps is for obvious reasons (far shorter time to market, less regulatory hurdles, etc.) But also due to the HUGE buys that will come in from these institutions and hold LONG.
I believe we are to have an update within the next cpl months on the RP orphan application. So very excited...LETS HOPE IT GETS GRANTED!!!
I will be really surprised if its not Ischemic Heart disease (of some sort).....its clearly a targeted MANF indication (other than TBI).
Also, BANYAN doing big things with TBI (nice NFL grant award a few days ago....remember that Amarantus has an alliance with BANYAN....so its very possible that an announcement occurs sometime this week (regarding this indication as well).
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