PAR 0.00% 29.5¢ paradigm biopharmaceuticals limited..

research reports and media, page-4298

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    So we have gone from the last forecast by Rennie
    that we would have FDA approval by late 2025, to
    a forecast that we now will have approval late 2026-
    early 2027. That’s following on from a statement
    in 2020 that PAR would have first revenue early
    2021. Six years late. No worries mate.
    One of his major backers (51 Capital) was even
    forecasting in 2019 that first revenue would
    occur in early 2020. These people are really on
    the ball aren’t they? Now they are advising
    Rennie how to sail the boat. Some of those
    PARates I would say.
    It would appear this repurposed drug may be a
    poison chalice. Maybe J&J etc. are having a
    really good laugh about “passing” on the
    blockbuster of the century.


 
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