TSXV:CLAS.H - Post by User
Post by
Thejew on Jun 22, 2019 12:19pm
141 Views
Post# 29852562
Patent
PatentPatent will most likely be approved, but will take a minimum of 6 months or more for approval. Really it's all about the next results for GVHD. Unless we get some other great news we might hang around this price for the next few months and then a climb up in PPS with people anticipating good results.
The cool thing is, based on such stellar interim results so far, final results are almost guaranteed to be excellent. I could see this running 500% or more on great results because 1) it means they have a great chance of passing Phase3 and getting full FDA approval and actually going to market for a condition with almost no current drug treatment and 2) validates the science for other disorders, such as the new pain drug.
That combination could put us back into the .20s or even .30s (based on new share count, would have been way higher without all the dilution).
And it also puts us in a very good situation of landing a major partnership and/or buyout from a large pharma......and I think that's what most of us are here for (:
Go Kaly! Hold tough guys!