Jeez, guys have a bit of compassion. Good for you if you got in under $3 or stayed in. I did both (though topped up higher too) and even bought more yesterday but am gutted like everyone else. Be angry at the FDA, not other investors.
When someone admits to losing $300K contempt is not the appropriate reaction. Objectively the FDA's decision is inconsistent at best with everything that has preceded it. It's absurd to specifically have ODAC to answer efficacy with a 9-1 vote and then overturn that vote and ask for a further trial to prove efficacy.
The over-ruling of a positive vote is completely against precedent of the last 15 years. That they have approved other treatments with single arm studies that had safety issues and refused MSB is completely inconsistent.
if there are any decent journalists out there this is a prime investigative piece, particularly given the worldwide focus on medical trials and regulatory approvals. The FDA is at best completely inconsistent and worse....well I should restrain my speculation.
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Jeez, guys have a bit of compassion. Good for you if you got in...
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