RHY 2.94% 7.0¢ rhythm biosciences limited

FDA will soon be effectively the regulator of all LDT's

  1. 927 Posts.
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    This may hurt RHY's anticipated entry into the US.
    Does Otto know this or didn't know? He is CEO after all.

    @josiejow37 I want to hear about your glass half full comments. It will be entertaining and please don't disappoint.

    https://www.fda.gov/news-events/press-announcements/fda-proposes-rule-aimed-helping-ensure-safety-and-effectiveness-laboratory-developed-tests

    BYE BYE COLOSTAT?

    My view is that RHY should just keep researching cancers and keep going back to mum and dads to ask for more money. LOL
    Rhythm will now be effectively a R&D company.
    The amount of new clinical testing that will need to be done will take years.
    No time nor staff nor partners nor money to contemplate any commercialisation in the foreseeable future.
    You will all see in years to come.
    https://hotcopper.com.au/data/attachments/6025/6025714-f7dc4e60aaad8dd28d0e08435bc509c5.jpg


    Last edited by borano: 12/03/24
 
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