This is NOT "most bio companies".
If you cannot understand the difference and why most pharmaceutical based biotechs fail, you have't been paying attention.
Tearing my hair out with the chronic disinformation and false analogies.
This is revolutionary technology that's using STEM CELLS and they're SAFE. That's why we skip stage 1 clinical trials and go straight to stage 2/3.
That eliminates a colossal reason for failure right there. Because there is next to ZERO chance of side effects with mesenchymal stem cells. Haven't you noticed?
So then there's efficacy. That's the ONLY issue and that's also dependent on variables. Like availability of trial candidates. Like dosage. Like delivery modes.
Honestly. I've been posting this over and again for years and STILL the message doesn't sink in. Is this deliberate?
Finally the shorting has been vicious and long lasting. MSB has been attacked again and again. It's been one of the most shorted stocks on the ASX AND has traded in low volumes which makes the SP easy to manipulate.
And this has been combined with vicious and false 'reports' by Macquarie and Seeking Alpha, with deliberate misreading of data.
This has gone on unchecked for YEARS and it smashes ordinary shareholders.
Don't tell us it's not a problem, or exaggerated. That's insulting our intelligence.
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