PDUFA Run Up or Announcement of Tethadur Deal? UK Maybe
Sure, there's a PDUFA date upcoming. Yes, we'll get 25M upon approval. Yes, it's going to happen, we'll get the 25M. But remember, PSDV is on the threshold of biologic drug delivery. That's how we'll transition into a "specialty pharma", it's not possible without Tethadur. Retail traders are going to make a few bucks here, but if you held for Tethadur data and soon to follow license deals, you'll make a killing. Tethadur is the promise of broad spectrum biologic drug delivery throughout the body in "SUSTAINED RELEASE". So, go ahead RETAILERS.....sell your shares.
It will make it much easier on the company and shareholders to get that 25mil. I don't think you will ever see another offering. Because then they will be sustained by the revenues and cash on hand to concentrate on next phase. Not to mention solely owning uveitis drug and the latanoprost collaboration with pfizer. It is happening.
Patch, It's pretty silly to have a company such is PSDV with this technology. This run up is kind of hiding it's fundamental tech value. Retailers are playing the run up, and there is nothing wrong with that, yet when some substantive news comes out regarding biologic sustained release, the retailers that let go of their shares won't have a warm fuzzy feeling about coming back in. It's hard to see the big picture when retail traders see green on the screen.