Phase I...waiting....waiting....buffering....waiting?! :(How much does Wanbang not give a f**k about SBM? 7 years later and now Howard has to "push" them to get results from a Phase I? First off shouldn't have taken 7+ years to do a Phase I and now Howard has to nip at their heels to even get the results? Doesn't sound like a very balanced or respectful partnership.
On a separate note..... where the hell is some news? Just how far off on his estimates was Howard? Was supposed to have a pile of Milestones completed by May....then July...... then whenever. So out of 1/2 dozen milestones laid out they couldn't complete anything? Really need to get some management in there that knows what they are doing cause these guys have had enough time to show just how bad they are at this. Thank goodness for the crew in France othewise this whole venture would be up the creek. TFC-039
Human Diabetes
Our partner, Wanbang Biopharmaceuticals, has informed us that our compound for type 2 diabetes (TFC-039) has completed their Phase I studies and the data is in the analysis phase. We expected to hear the results of this before the Chinese New Year in early February, however, they have experienced delays in the data analysis. We are now waiting and pushing to have a final report of these results and will update shareholders as soon as material information is available for release.