If ACT would not proceed by their own decision, they would know why they are not proceeding. Everything indicates that the FDA issued a hold and the company will get the reason in a few weeks. Most likely in the next 30 days.
Thanks for the information. That's reasonable answers from ACTC now.
I am confident ACTC can answer FDA well. Just hope they can post the the FDA letter (and the IND), I am sure many investors here can give useful feedback. I hope they succeed, I used to work next building to theirs.
Also, I hope it's regulatory issues not scientific issues. Dr. Lanza is an MD researcher, I wouldn't see any serious problems in the IND.