BIT 3.57% 2.7¢ biotron limited

in the zone, page-12

  1. 13,013 Posts.
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    Neo, with all due respect, biotron has to walk before it can run. You need to do phase 1 and 2 before you do phase 3 clinical trials. The more successful trials you run as you progress through the cycle, the greater the probability that you will end up with a viable drug. It's as simple as that.

    For you to say that the company isn't doing the right sorts of trials is a nonsense. They are doing what is needed, step by step.

    If you are saying that they don't have enough cash to support phase 3 trials, then I agree with you but that was never the plan. The company has always said that it expected that level of trialling to be conducted with an agreement from a large pharmaceutical company.
 
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