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Bullboard - Stock Discussion Forum IMV Inc IMVIF

IMV Inc. is a Canada-based company. The Company has no business operations.

GREY:IMVIF - Post Discussion

IMV Inc > Another Missed Deadline
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Post by Hideaway on Dec 28, 2020 2:54pm

Another Missed Deadline

This NR does contain encouraging details but, regrettably,they have failed to meet the expectations to commence a phase1/2 trial for COVID-19.The following excerpt from the release is suggesting that the failure is because of "the evolution of the regulatory landscape "

In consideration of the evolution of the regulatory landscape with first vaccines approved and a recent update to Health Canada guidance, as well as the emergence of SARS-CoV-2 variants in different countries, the Company is planning to conduct complementary preclinical studies including testing on new variants and will provide an update in Q1 2021 on its revised clinical plan."

Granted,the situation has changed but they were to slow with progress and there will be more vaccines approved before IMV gets started,if ever.
Our future was and is with cancer treatments,but it is still disappointing to have yet another timeline missed.
Comment by qwerty22 on Dec 29, 2020 4:47pm
Seems like the market can't decide whether it likes this news or not. Big buying yesterday in the US, all over the place today. I think this PR is a good reset on the Covid program. It looks so much more like business as usual for the regulators now and we have to get back in that mind set. Clearly the company should keep spending this free gov money, I think they've identified the issues ...more  
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