RE: two questions4 May 2019 16:47
Lamellar's candidate LMS-611, which has mucus clearing properties, had demonstrated the enhancement of certain properties of antibiotics and had European orphan drug designation for CF.
'The companies believe that, based on pre-clinical data with the two individual components, the combination could be a promising potential treatment for lung infections in patients with CF,' Motif Bio said. (Taken from shares magazine)
We should hear something from the FDA within 30 days and you will see many possible prices thrown into the ring but nobody really knows.. the only thing beyond contestation is the the share price will rise significantly if this gains FDA approval.