RAC 1.53% $1.66 race oncology ltd

Hey Everyone,New to HC and also to this stock (recently bought...

  1. 87 Posts.
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    Hey Everyone,

    New to HC and also to this stock (recently bought in at $3.95)

    I was wondering if Dr T or Wombat might be able to answer a question for me - I read about Bisantrene being previously registered in France, so I was just wondering.. does that mean it was completely approved there for use (as in, it had passed all necessary tests and regulatory processes within that country)?

    Also when it was 'unregistered' , for what reasons? Was it because it didn't prove to be economical at the time for whoever owned the drug?

    Curious to get a bit more context on this.. it seems that if the drug was previously being used in actual operation, that is a good sign as it shows it did previously pass through various processes to get out to market?
 
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