IMC 0.00% 10.0¢ immuron limited

Ann: Immuron Aims to Secure FDA Approval for IMM-124E, page-16

  1. 154 Posts.
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    This is exactly the reason as i understand it. FDA approval is required to supply to DoD. This is the only reason company would spend for FDA as there is not enough value in doing it otherwise.
    For them to commit to FDA process i believe they have strong indication from DoD for supply contract. On that basis, this is exciting news.
    ASH top line now due in June. Id expect us to be back up to 30c+ before that drops. It went to 70c on NASH top line last year. IMO, good luck all.
 
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