/biz/ - Business & Finance

>>17231963
>>17231967
i dont know, i dont think they ever said it was coming soon. if you listened to the presentation he talked about the progress theyve made with the drug and the previous studies. he said the results from the phase 3 trials are coming soon. the trials periods for new drugs take forever, and phase 3 is the final one before widespread commercial sales

https://en.wikipedia.org/wiki/Phases_of_clinical_research

but yeah they might need to do another phase 3 trial after this one, or they might not, i guess it depends on the results, how accurate data was, if there were any problems with gathering data in the study, etc. thats why its a .50 cent stock. if they had everything in the bag succesful and ready for sales big money would have already moved in and it would be a $300 stock