Post by
professional11 on Aug 10, 2010 11:15am
some thoughts
The FDA did work closely with Lux. The trials were designed properly. Unfortunately one of the end points wasnt reached because of non-drug-related dropouts. Thus, the FDA has asked for them to re-do the trial such that they can acheive the endpoints that they (together) agreed upon.
Next revenue milestone is EMEA approval in Feb 2011. ISA is cash poor, it will need cash to stay afloat. Where is the cash going to come from? People have mentioned LUX, Paladin, angel investors, and a takeover. I would also like to think that ISA has been in touch with the govt of Alberta.
P11
Comment by
BornReady1970 on Aug 10, 2010 4:58pm
I can't speak for other Albertans, but I for one would have issue with the gov making loans to private business, and weak ones at that. Even if they would, do you truly think it'll happen in under four months?
Comment by
labumba on Aug 10, 2010 5:04pm
I mean " in the pool of second trial ( LX211-01 ) " should be ( LX211-02 )