FDA protocols
Thanks to bullboard members who have contributed positive information and conduct themselves in a respectful manner. Good on you for informing others members of the presence and the motivation (misrepresentation) of shorters.
This is bureaucracy at its best. The FDA in order to streamline the approval process in this tragic pandemic event immediately cause a delay! Some of the results of this lost time will indeed delay in using the antigen as an important contribution to the control of fighting spread. Opening of schools, return to work and the possible reclosure of services.
Why the FDA, who are working closely with Sona, waited until July 29th to implement new protocols without giving heads-up to the CROs who were already validating tests? Will previous approved test now have to repeat their verifications using the revised guidelines or will they be “grandfathered” . Will the approval be revoked?
When did Sona know and why not inform stockholders prior to today?
Don’t forget the investors who have suffered losses as a result. It is understood that risk is present in all investments, but this doesn’t absolve the poor handling of implementing these changes.
It is my belief that this is simply a delay. It is noted that others on this board feel the same. Therefore, I have invested more when the price dropped.