Re: BETonMACE Placebo Estimate
in response to
by
posted on
Feb 20, 2019 10:11PM
Just one cautionary note rocketman2, you wrote:
"When that happy day happens...and we’re successful,we’ve already been told that we will finally get FDA approval".
I don't think "will" is the proper word....the devil is always in the details. That news came out June 14 of 2018, here's the link:
https://www.resverlogix.com/investors/news?article=612
And here's what it says:
CALGARY, Alberta, June 14, 2018 (GLOBE NEWSWIRE) -- Resverlogix Corp. ("Resverlogix" or the "Company") (TSX:RVX) announced today that it has received confirmation from the U.S. Food and Drug Administration (“FDA”) that BETonMACE, Resverlogix’s on-going Phase 3 study, if successful, is likely to support the filing and approval of a New Drug Application (“NDA”).
Obviously the words "likely to support" are a long way from an absolute certainty that we "will" finally get FDA approval. I don't point this out to be a pain....I'd be very surprised if BETonMACE showed robust results, that the FDA wouldn't approve, but I don't think its a slam dunk.