BTA biota holdings limited

Guys I think it's pretty clear the reason why the contract was...

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    Guys
    I think it's pretty clear the reason why the contract was canceled was Biota were stuffing up in the delivery if you read below - what is also obvious is that Bardas comment was extremely misleading . I know if not for this comment I wouldn't have bought in. If contraction termination was an option then why didn't they stay silent instead of indicating the reverse . Who knows whether it wasn't giving insiders a chance to get out


    BARDA Director Robin Robinson, Ph.D., provided the following update: "It is important to keep in mind that a Stop-Work Order is not a contract termination. We have some concerns about the project with regard to the product manufacturing, clinical study enrollment pace, costs, and contractor performance. Since the project is at a natural pause following the end of the flu season for the Northern Hemisphere, we are considering what is the best next step for the Biota project and the overall influenza antiviral drug development program before going forward with clinical studies in the Southern Hemisphere and manufacturing optimization and validation."

 
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