RNS28 Sep 2020 23:04
Well for what its worth VAL got the big FDA RNS they dreamed of. That was the problem really, it wasnt from the FDA, it was from a clinical trial but who needs facts! The words and facts written in the RNS seemed to have been misinterpreted by the masses of private investors. A rather modest and if I might say uninspiring result was transformed by many readers into something that Harry Potter himself might have been proud of; Arampiamus???
VAL201 was well tolerated, but not particularly effective. By increasing the dose will it still be efficacious? That is the question and it will require more money for another trial (sounds like SNG don't you think?).
All I wish for here is a good result that will allow Immupharma to take the next step along its journey. Nice and steady away. I think with Nolupus around to offer his observations and musings, our feet will be kept firmly on the ground where they should be.
Anyhow, the main thing I wanted to say was that the FDA approval if there ever was one for VAL is still pending. The next one that is due will be for DNL and it may arrive tomorrow - we shall see, but I certainly hope so as it would help me patchy portfolio. To be realistic, I think that will be delayed as well. So, Imm is not the only Pharma waiting on news from the FDA. More patience required me thinks.