Yes you are right, HREC approval takes time and not every study site will give approval in the same amount of time. That's why I have used the historical data from IMU to gauge a better understanding of the timeline. Just like IBX, IMU applied for HREC at 3 study sites, receiving the first ethics approval on the 14th of July, the second approval on the 17th of July and the third approval on the 21st of August. So we can clearly see that every study site is different and will have a different timeline for ethics approval. I am hoping that IBX gets rolling on the HREC approvals this month, however if more information is requested, then it might delay HREC approval to October. I am just excited and impatient, because looking at IMU, ethics approval caused it to rocket from 3 cents to 6 cents, and I would love to see similar price action on IBX.
Please DYOR and nothing I have said is to be taken as financial advise.
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