Nine Days Out From Next UpdateIf all has gone as well as the CMO expected it would with the last six patients at the 300mg dosage level, the phase 1a should be close to finishing up, if not actually finished, by the time we get the next quarterly update on 4/13. Now, it is much more likely it will not be finished up yet so TH will have to decide whether to give any meaningful updates or remain silent until the trial is officially completed sometime shortly after the 13th (hopefully - if the CMO got it wrong and one of the final patients had some difficulties, even ones not associated with the drug, then it will stretch on longer). I imagne they would have some positive language about the trial on the 13th but all in general terms just to build some anticipation. Then have a separate announcement when the trial is officially over. Maybe we will even get a separate conference call when the trial is over with Christian and Dr. Rothenberg on it (although I do not know if he contract allows for him to speak at such events).
We also have the AACR conference starting later this week. With the abstracts already available, the possibility of additional buzz around the conference may not be too great.
And, it looks like the large seller has completed their sales. Hopefully, that is correct and the stock can move higher.
We are about to enter a period of consequential news flow with the phase 1a results most importantly, a potential partnership deal with a Chinese drug company and a financing of some sort with some better analyst coverage associated with that, among other potential news items. With the seller apparently gone and promising news flow ahead, things could get much cheerier around here.