So the 800,000 odd options from Jan and Feb have been cashed in.
I have to admit I thought more options would have been cashed in given the last 3B. Still 40 odd million by the middle of the year. Then a bit of a gap. Be interesting to see if any get cashed early, which has been happening a bit (as seen in the last 3B)
Nearly halfway through our FDA waiting period. While it's possible we'll get an ann early, my guess is that it'll be close to the 60 days.
According to the FDA website, between 1 Oct 2014 and 23 Jan 2015- so that's nice and up to date- they've had 37 requests for Breakthrough. They've approved 3 and denied 8, leaving 26 in the pile. That's pretty much bang on average for a 60 day turnaround.
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So the 800,000 odd options from Jan and Feb have been cashed in....
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