lots of speculation. As I see it they are doing these tests on a number of samples over time. Remember it was 4 out of 4 with the less efficient version. If these results were bad then why not keep going for a few weeks, get more data etc , before releasing them? I suspect outstanding results which would match the upbeat feeling I get when I talk to anyone close to this company.
If these are as i suspect, it effectively adds one IND and just a few weeks/months behind the first as some of the work is comparable, ie this probably triples the effective enterprise value given this drug is worth at least twice the other one in potential revenue.
This wont trade below 20c again, and might trade above 30 once this is digested.
PYC Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
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