RCE 1.06% 46.5¢ recce pharmaceuticals ltd

[WEBINAR REPLAY] What it takes to get a new drug to market in Australia, page-4

  1. 582 Posts.
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    Three years until approval!

    RCE's best estimate is three years to get the skin spray approved. That is mind blowing.

    Indonesia just doesn't make any sense; studies from Indo will not be accepted anywhere that counts, and it's clearly no faster than AU/US/EU/UK. Probably even slower if we're talking 3 years for a topical spray. I don't buy that BS about an Indonesian trial "opening the door" to Asia. Having a working product would "open the door" just fine.

    This is all quite a mystery.

    Meanwhile, in these three years, the CEO will be paid over $2 million (Australian) dollars.

 
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