Ann: Trading Halt, page-38

  1. 862 Posts.
    lightbulb Created with Sketch. 425
    Yes, exactly. This is exactly the problem with every single mouse trial! You can't run a mouse study and then gush endlessly about "4 billion dollars".

    It's why a company will undertake 100 mouse studies, with the expectation that 1 may, hopefully, translate to a safe, useful, functional human medication.

    NYR have one mouse study, giving them a 1% chance of success. Give or take a percent or two.

    There is no pipeline. There is no Plan B.

    Don't stick your head in the Benny sandbox!

 
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