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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Comment by thathurton Nov 20, 2015 9:43am
152 Views
Post# 24308761

RE:IMO the FDA was and is supportive of MCNA

RE:IMO the FDA was and is supportive of MCNA..so BMRN a very big company MarketCap $15B (down $1.5B on this news) and FDA signalling no likely approval on DMD and it falls 10% whilst SRPT is up +25%...

..complete evidence that FDA signalling results in very strong market action (of course of AdCom votes yes the price action will be reversed)

..so back to TST, IMO had the FDA been messaging its lack of support of MCNA the briefing documents would've reflected it and IMO TST would've cratered to $0.50 or lower before AdCom, instead the stable price going in (ignore the silly blowoff to $1.00 on goofy Japan spec) which i concluded before AdCom that the market like i had read FDA support
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