I have not be involved with the company that long but going on my experience with biotecs fast tracked still means approval is still a few years away . Some things can take almost a decade and I would guarantee you that BSI would have taken a least a year to even come up with the protocol for the trial . Just some advise on investing in these industries , Don’t believe you will get approvals in the near future till trials have begun . Allways look ahead , if the company is not breaking even make sure they have at least 12 mths funding . I am pretty confident at this stage Oncosil will get this through in the very near future . I have a very large holding in a unlisted company Qbiotics and they are developing a cancer drug . So far this drug has taken about 8 yrs , it will be approved mid year as a vet drug in US and EU but still has about 2 to 3 yrs to go in human trials and final approval . Unfortunately Aust companies don’t seem to have any clout in getting trials OS especially with the FDA
OSL Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
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