This is a real blow-out in the timeline. I know they are saying that they hope to be at phase II at roughly the same time as previously planned. But we were initially going to have phase I efficacy data to at least give us an idea of whether it worked in IPF in humans.
Now it's 3-4 years before we have any efficacy data.
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- Ann: AD-214 pathway to IPF efficacy studies
Ann: AD-214 pathway to IPF efficacy studies, page-54
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