Our only hope now is for the COVID results to show something more than "interesting" ... After 20 years of chasing HIV & sharing data with Pharma ... they still cannot provide convincing enough data that BIT225 totally flushes out the reservoirs, this letter admits the fact. Hence the not a "home run" comment from Becker. Now saying statistically meaningful based yet again on safety and fluffy immune/inflammation markers.
All the market cares about now is that MM and board have run the cash down to nothing with not a lot to show for it which is significantly different to 2018.
Ann: Letter to Shareholders, page-9
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