Totally not surprised the market didn’t react. But this is a good development - a milestone even. Rolling ahead with getting the first hospital in the US recruiting patients. US has 10 times the population of Australia and this hospital is in New York City, as well as being a specialist clinic for bone marrow transplants. More sites will be coming online before end of the year as well. Im willing to go in with an open mind here. GVHD is a rare disease but 40 sites will open and a lot will be in the US with a big population. Yes, the company’s record with trial recruitment is a mixed bag (OA being the only stand out), but I think this trial protocol is solid. They’ve had an extra year to plan it out so hopefully it’s time to step on the gas pedal and get recruiting.
CYP Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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