If dosing was missed, which it must be by now, then all trials data will have to be restarted. Statistically worthless data now. This is 10's of millions. But this may be worse if they require a step back to do a new safety trial before starting the current trials over. This mistake may have cost years of time and since this data takes a long time to accumulate and takes a long time to enroll this mistake may have cost 3-5 years. Which means the company must dilute another 3-5 years of funding or 100s of millions. This mistake likely cost a quadrupling of number of shares beyond the usual dilution.
Why not?? You think they care? Likely some very serious issues to resolve that might need to go to multiple people and follow large amounts of regulation, rule and lawyers
orphan drug means absolutely nothing. especially if you cant complete trials. CEO MUST GO
Tell them how many shares you have. I bet we can get 5% of shares outstanding to write in! THIS CEO HAS GOT TO GO.
Absolutely ridiculous. This one patient This one screwup has cost about 1 billion dollars. 1 BILLION DOLLRS in lost market cap. &)*&)(* OUTRAGEOUS. Now we are so low that when the hold is lifted we may only see a pop to 12. Then they will need to dilute because this &(*hole cannot find a partner. GET A NEW CEO
I was hoping 8040 was something special and the market says the opposite. Stock priced with a 5% hope that 8040 will amount to something. in other words the market thinks it and the stock are basically worthless. only trading at this level because it actually has cash assets but this cannot last.
Company stole 100s of millions above 19. Lawsuits should soon decide to give that money back. BUT THE COMPANY NEEDS TO STOP USING STOLEN MONEY