PAR 1.64% 31.0¢ paradigm biopharmaceuticals limited..

Ann: Trading Halt, page-211

  1. 201 Posts.
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    Whether the news were good or bad, it would have always gone through the regulatory consultants for translation first before an announcement is made. I would imagine that the content, lingo, reference etc. in an FDA response would not exactly be something I or any other layman would understand; can you imagine PAR announce: ‘hey, we are golden’ on the Friday, only to have their consultants ask them to update / clarify / retract the announcement on the following Wednesday with a correction or two. It is critical that the update to market is perfect, so, what do you do: you halt and have the people that can read FDA first go though it in detail. And that’s that.
    Last edited by Willem007: 01/08/21
 
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