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Ann: Letter to Shareholders, page-244

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  1. J8
    14,609 Posts.
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    "Work is also underway to refine the
    regulatory and developmental pathway to Phase 3 and
    beyond."


    Another carefully constructed sentence.

    The wording is designed to entice, and it intimates P3.

    The reality is that the regulatory and development pathway to P3 is going through a thorough P2B first. This is my current opinion, I'm happy for them to prove me wrong later in the year.
 
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