"We where allowed to bypass Phase 1 trial's and go, straight to Phase 2 and also go to Phase 3 trial's."
Who allowed you to do this?
You guys are missing the difference between 'approval' by the likes of Japan as an example and 'FDA approval'. The FDA doesn't allow bypassing of Phase 1 & 2 trials. You are heralding a position that is a weakness as if it is a strength?
Ann: Letter to Optionholders, page-89
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