Reason I ask about the approval process is because I was a large share holder in SLA which was developing Ropren. We were after TGA approval for 7 years. Every time we passed one hurdle another was placed in the way. Year after year positive result after positive result!! Clinical trials were held in Australia and America. However with Covid TPA approval was a matter of months without clinical trials in Australia. Interesting.
So just a cautionary tale. Just because you are getting outstanding positive results don't expect TGA approval immediately if ever. IMHO other forces are at work also. With luck some big Pharma may show interest. I can't see IMU challenging the big Pharma's without resistance. Expect delays.
IMU Price at posting:
8.9¢ Sentiment: None Disclosure: Not Held
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