The Rett trial will be on hold - no doubt. Hopefully they can complete the current 12 week participants, but I would expect they will not be commencing any new participants. Hopefully those on Lilac can continue also. I expect it will add 6 months to the timeline. It will be announced by Acadia on Monday US time (hence the Tuesday TH). TH for Neuren because it is material to everything but for Acadia it is of smaller overall commercial significance so no TH there. The other longer term issue is the total devastation switching the world off will do the the economy. Post crisis who is going to have the funds for an expensive treatment like this, and will governments be able to fund it with balance sheets nearing bankruptcy.
Back to 3c in the old money is my guess.
The question is what do Neuren do, put the shutters up to manage the cash burn, or go hard on NZZ-2591 development. Just don't kbnow where they will get the funds from in the current environment.
Ann: Trading Halt, page-70
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