RE:I am a bit bipolarSince that purchase they did bunch of preclinical studies/tests and the results were good could be the other way around so the program came together based on many months or years of working on their science. They send 6 cancer results to the agency and got the fast track designation based on impressive data. The process could easily been ended while ago but thankfully it didn't. I remember some remarks that the company was following Katana's research for a couple of years before they decided to purchase it so it was an educated decision which so far seems to be the right decision.
stockman75 wrote: As I watched the webinar and saw all the impressive pre-clinical results and then after reading all the posts over time from the very knowledgable folks on this message board....
I have concluded I am quite bipolar when it comes to the cancer program. On the one hand it is all quite impressive and seems like there is a high probability there is somehting quite massive in the works.
On the other hand I think to myself how could it be little Thera a small canadian bio-tech could be on to a major advancement in cancer treatment. How could it be Katana sold for next to nothing? How could it be that big pharma did not pick this up? How could it be that it does not get more exposure? The list goes on in the how can it be and I conclude (at that moment of bipolarness) most likely we will not see anywhere near the preclincal results. There has to be a catch..
I know many posts so far have addressed some of these questions/concepts but I still remain bipolar. One moment I think wow this is amazing and exciting. Not just from a potential financial reward perspective but the from the aspect that this is a pretty big breakthough for cancer treatment and what this could mean for people with cancer. and that it all is coming from little bio-tech in canada. Now I know that the wise folks on the science side (and even finance side) say there is much to prove and still considerable risk that it fails in the complex human body. I get that but wow if it works somewhat close to the results in pre-clinical it will be pretty amazing. But again in the back of my mind are all those questions how can this be without anyone seeming to notice except for some people on a public message board and a few institutions. Again bipolar. Am I going crazy?!
By the way thank you to all who have extensive knowledge on the science and finances and contribute so much information. It is truly appreciated and I wish I could add just a small amount of info compared to your frequent and knowledgeable posts. So anyway thank you all even though I know some of you don't want to tolerate the neohphytes who aren't as knowledgeable or scientific minded etc. Yes I have no problem admitting my own ignorance. :-)