Not looking good20 May 2019 12:43
hate to sound like a pessimist here but the more I listen to my head and not my heart I really can't see a positive outcome here. We are still down over 80% post approval high and 3rd week in from the FDA meeting and still further falls in the share price. No big buys coming in either and nobody seems to see Motif's partnership with Lamellar as a concern.
If they were so confident in Iclaprim and it was just a few minor adjustments needed why would they form a partnership down a different route at pre-clinical trial stage? especially when they are strap for cash?
Lot of things don't add up to me here, there is a more serious issue as to why this drug can't get past FDA, before Motif took over the previous company had also failed.