RE:Catalysts in lead up to AGMsah1 wrote: In addition to recent PRs on the engagement of Lazard and the additional financing from TV, I am expecting to see the following developments in the lead up to the AGM in mid-May:
- completion of the batch runs necessary to demonstrate conformance with CMC (quality control)requirements established by the FDA
-FDA approval of the IND for the pivotal phase 3 trials on Alstrom
-announcement of a partnership deal on Pg CD providing upfront cash inthe 10s of millions of $$.
Clearly the Pg deal is dependent on the batch run meeting CMC requirements which in turn will give the market confidence that the FDA will approve Pg after the revised BLA is filed in mid year. If these catalysts come to fruition, they will spark a dramatic turnaround in the sp. If not, we will continue to languish in the doldrums.
I cannot believe how bad this management team pooched the Pg launch... Un. Believable. Now we are praying for a deal in the tens of millions.. far cry from the old story. Damage is done.