Ann: US FDA Grants Approval for APAS-LBT.AX, page-697

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ACL has an FDA approved drug and is worth $3million. FDA is nothing more than a safety and efficacy rating, it is not the lottery. I think you're misunderstanding what it means for the company. Don't get me wrong, it's a huge tick in the box and a positive for the company, but it doesn't mean instant success or cashflow or even that the risks have been removed."

Hi nihilism, good on ya (and me) to be part of this exciting ride. You are right, ACL is at 3m, lol. But I disagree with your comparing ACL to LBT. Maybe ACL has FDA approved drug to cure rats, therefore the mcap is a rat (just kidding.) LBT is in the big league, the FDA approval like the pistol that shot in a sprint already took it to 100m cap this week and we're just starting the run. Without FDA approval, APAS would remain a larvae forever. But now it's a beautiful butterfly. Cheers