Yes NDA usually take that long for commercialisation but LC has mentioned "break through" FDA approval which will cut the time frame a few years. Also, like any biotech start-up stock the pps will increase as significant clinical trials are released and de-risk the stock like what it did a few weeks ago.
A big Cheerio to the Nuff Nuffs - Learn to read, page-8
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5.9¢ |
Change
0.005(9.26%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.9¢ | 5.4¢ | $1.489M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35252 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 1753430 | 24 |
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| IMU (ASX) Chart |