Future Outcome with other ventures6 Jun 2019 12:26
I am reliability inexperienced when it comes to the pharma industry, however I correctly predicted that option 3 would be the outcome from the FDA minutes meeting. I was called a de-ramper, negative and a pessimist but I was thinking with my head not my heart. I also don't see the trial being a small one and I think there is a strong chance that Motif may not continue down the ABSSI route it is proving to be problematic. My question to the more experienced personal is if Motif can gain further funding (after September when cash runs out) can they keep afloat through the other ventures they have entered in the Toxoplasma and Cystic Fibrosis studies and if so do you think a 12month period is realistic for the share price to get to the 20p mark should the market react well to these reliability cheap studies? Motif have clearly entered into these two studies to not only diversify but also as a back up for the potential closure of the ABSSI route. What are people's thought?
I would also like to say at this stage I don't advocate anyone selling just yet. It's a defo Hold for now.