RE:FDA in <2weeks?Your math is correct assuming the company filed the new protocol in the first few days of May as we suspect they did. But the exact date has never been disclosed. We all know that the trial being restarted is a big deal for the stock's potential but it is not likely to get too much traction since so few seem to be paying attention to the stock right now. The company's planned investor call on the restarted trial should help but I don't see any analysts raising their price targets on the news of the restarted trial or as a result of the investor call. My best guess is the stock gets a smallish pop on this news as investors wait for hard news of success int he restarted trial before really jumping on board. Also, if they sign an intriguing partnership deal or two, that would help validate TH-1902 in investor eyes and could send the stock meaningfully higher. I think we are safer assuming a partner wants to see good data too before agreeing to partner with THTX on TH-1902. Hopefully, that AACR presentation will accelrate partnership deals but I am not betting on it.
We voted in favor of all the directors in order to give the Chairwoman flexiility, if she wanted it, in determining how to reduce the board size to save money as well as to give the two board members who recieved the fewest votes the opportunity to leave the board without technically getting fired by shareholders. I too am disappointed we have not seen any announcements about that yet but perhaps THTX will bundle a number of announcements together for maximum impact? Hopefully, that is the case. Paul spoke of "decisive action and agile tactics" at the AGM so I think we are all hopeful we will see a demonstration of that very soon.
Kd5513 wrote:
We should have FDA response in less than 2 weeks if my math is correct.
It would be nice if leading up to this there was announcement of 2 board members have resigned and possible replacement with one high octane individual from US to back fill both. I'm a little irritated at this point it hasnt happened. How they could think they deserve a seat with the vote that just took place is mind boggling.