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OVB's initial marketing authorisation application with the Russian Ministry of Health, for BP-101, took 12 months & 20 days for a decision:
12th Sep 2019 7:00 am RNS Filing of Marketing Authorisation Application
2nd Oct 2020 7:00 am RNS Update re Russian Marketing Authorisation
The reapplication was submitted 12 months and 19 days ago, so on the basis of the previous timescale news should be imminent:
5th Jan 2021 7:00 am RNS Re-Filing of Marketing Authorisation Application
https://www.lse.co.uk/rns/OVB/re-filing-of-marketing-authorisation-application-ik1nc4u9ygv9gv7.html
When, or rather IF, good news comes, i wonder what the SP will do. Based on past SP movements i would hope for +30p. The market can here is still little more than the cash in the bank.
Bring on a Christmas eve RNS...
It's happened before a few times!
Hmmmmm……Interestingly not showing up on the LSE risers board.
Me and my big gob - usual service has been resumed.
I've seen it move up and down 10% in a day recently on no news but an upwards move of 17% does look interesting - fingers crossed there is a positive announcement due tomorrow/tonight.
Price moving up now. News is due
Becoming a test of patience this one. But news could arrive any time this month.
Losing the will to live with this one
Losing the will to live with this one
It's a graveyard in here.
Must be soon.
I followed this last year and seen the up and downs then ups leading to the MA not being granted so just be careful you lot, I hope it works out for those willing to take a chance though and if it is granted then interesting times ahead for OVB and those involved.
If Ornetide is approved, this will fly - it will open up the possibility of licensing to larger pharmaceutical and bio companies as well it’s own possible production. The world market potential is simply massive - not quite viagra proportions but not far short. Initial target after approval 60 - after production/ licensing 300 - after bid 800-900.
Well I had half an eye open for a speeding ticket RNS today but none was forthcoming so hopeful that the approval news is about to land and I will look forward positively to what next week brings here.
The company's new INED has a pretty decent CV looking at linkedin - Merrill, Citi etc. And Ovoca has already added to her page
Holy palindromic largest 3 digit integers Bat Man. Yes Robin, I sense this is the work of the "Riddler".
999 incoming lol
Should approval land this will move fast ... very low market cap ... sp movement indicates news on way ...
It’s a tight float here with the Russians holding a large % so it moves quickly….
Still only 50 trades today which whilst it is 10 x the normal, just imagine if we get a few hundred by cob.
SP motoring now. This got into high 20s intra-day last year, may even have been low 30s. Hoping for a similar SP in advance of news
Can Buy f all
No brainer buying in here just now.
Good luck all holders.