TSXV:ARCH - Post Discussion
Post by
Viking2233 on Aug 19, 2024 9:30am
Canadian Clinical Site Approvals too Long
Here is another article below on the approval process for clinical trials done in Canada.
The approval process takes 6-12 months.
We announced our Canadian sites in March & April 2024 so we are 4-5 months into the process.
We potentially could be looking into spring of 2025 before dosing starts in Canada or potentially never even dosing in Canada as we are currently dosing at 5 sites in Turkey.
Now all of this approval process is out of the control of Arch.
This is another reason we have a bullseye on our back and been attacked by algorithm short traders.
One needs to think how this lengthy process impacts our announced Pontiac Trial slated for fall of 2024. I would not be banking on it starting until later 2025 based on what I am reading.
There were many trials planned for covid that never even got to dosing due to the lengthy approval process.
https://www.cmaj.ca/content/195/14/E517
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