TELESTA THERAPEUTICS INC T.TST

Orphan Drug Designation

[givmeabrake]

If the news in October is positive, to what level will SP spike and where do you expect SP to settle in? 

Any Thoughts?

Hate to predict...No actually i really enjoy predicting - sadly though I clearly I suck at this being that I've been here since O6. 

In my personal (delusional) wildest dreams. $2.50 and back down to 2.40 

Real life prediction  - spike to .86 and settle back in to .54 .Range between .45 and .95 until next year.

[ragingbull1327]

My guess is above where it is right now, and below what it's actually worth

[cashmeout]

News in October? Might be pushing it. Bla application announced on July 18, orphan application announced on July 29 with Berendt quoted as the process taking at least 90 days.  Don't be caught on the sidelines now folks.

[cashmeout]

bla application intention july 18 sorry. see link for fda orphan  ELECTRONIC CODE OF FEDERAL REGULATIONS PART 316—ORPHAN DRUGS https://www.ecfr.gov/cgi-bin/text-idx?c=ecfr&SID=51cf70689d51f0ea4147c0a8ac649321&rgn=div5&view=text&node=21:5.0.1.1.6&idno=21#se21.5.316_131

[cashmeout]

316.25   Refusal to grant orphan-drug designation. (a) FDA will refuse to grant a request for orphan-drug designation if any of the following reasons apply: (1) The drug is not intended for a rare disease or condition because: (i) There is insufficient evidence to support the estimate that the drug is intended for treatment of a disease or condition in fewer than 200,000