(Sorry for the typos…for instance in the last portion I meant phase III not phase II.)
Anyway Ou, most of this has been in my head for some time, but I went back over many articles to retrace my thinking. There were a few key points when I originally worked this through that stood out to me, and I wanted to see if they still stood out after some time had passed. They did. I verbally highlighted those things in my post, so they are not hard to find.
Of course there are many other factors that caused me to invest in this company. Disclaimer to others….this is still biotech investing…stay within your means.