From what I understand and what was said in interviews and yesterday's report...it sounds like they are gathering up info data required for the FDA.
Once this is through then it can go one of two ways:
1) The FDA say go for it mate...you can now submit your final protocols and we will just check and then issue a Green Go
2) The FDA come back to PAR with a further question(s) and we must compile/facilitate the answer before proceeding
Now the above aint a day long process, it takes time. It's good we are FT so this isn't necessarily a 30 day cycle each and every time...but we need to give it time nevertheless.
Once we get final nod...we will then have a crystal clear of not only n but of any monitoring or other conditions. From that we can work out exact costs and exact time frame/effort.
Then if we haven't already by then, can work on funding and how we get to the finish line.
All my views.
PAR Price at posting:
35.3¢ Sentiment: Buy Disclosure: Held
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