GREY:ARGEF - Post by User
Comment by
netsilon Jan 16, 2017 10:13pm
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Post# 25715634
RE:PPG quality validation
RE:PPG quality validation Hey Bill, i' the process has been tweaked since then as reported by Mazen so i think PPG will do another round of DD with the new numbers to prove the improvements which could have been an extra incentive for them to hang around for so long.
The previous release about the lab progress did not state that they achieved the product size consistency which is critical for PPG so my speculation is they witheld that information pending PPG approval/acceptance of the new parameters.
PPG is a $25B company so i doubt they mess around plus they have investors to answer to and they made an investment in RGX that has yet to pan out. Project acceptance is a significant milestone to a saleble product and profits for both organizations. When PPG says "Let's Go" then revenue is on the horizon for us.
RGX's reputation in the sector suffered these past years and the validation from this giant will allow RGX to claw back some credibility in the sector.