RE:RE:Health CanadaStooge... What's a little more convoluted, information-less and committment devoid news release between friends? It is not as if Bioniche has committed to being more open and forthcoming with shareholders is it?
Besides, this is just another plea for another 18 months of burn squared. The release goes so far as to suggest that proceeds from the HC approval( What?) will be used to fund Urocidin clinical work in the US and other jurisdictions... They might as well be telling us they are next moving to seek approval on Saturn.
For months we have been lead to believe that a potential partner would be expected to pay the costs of clinical work. Now, with not one partnership ( paying partnership that is) to speak of, this crew would have us believe that somehow revenue from a Canadian approval can sustain further trials. So we wait 18 months for a low probability of approval in order to fund US and global trials....WTF?
Who do they use for a test group before they release these obscenely ridiculous statements?