Updated listing price, page-33

The company said "We expect to receive efficacy data in the fourth quarter of 2015"

In medicine, efficacy is the capacity for beneficial change. Efficacy measures how well treatment works in clinical trials or laboratory studies.

"Cohort three efficacy results........... No such thing" You seem to be sitting on the fence. In one sentance
"No such thing" the next "good transduction and shRNA delivery"..."That will be my efficacy" when describing Cohort three.