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Amarantus Bioscience Holdi AMBS
Posted On: 04/12/2016 3:34:46 PM
Post# of 30079
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Posted By: jamiejaytrader
Re: All Aboard #23227
I'm familiar with orphan drug designation from other companies i have and am invested in. I see it as a positive.

They can charge ridiculous amounts of money for the drug IF approved, like the article said.

I was not familiar that it was such an easy task to get ODD, that part was new to me. I always thought it would be more work and that it was hard to get ODD. Shows what i knew.

Its great that we have all these ODD's for multiple drugs/indications and in my view it does make our pipeline more interesting to maybe 3rd parties but we first need to actually start a trial and get an approval by the FDA before the ODD actually does anything for us down the road.

Side note: Adam Feuerstein is a hack, a short sellers puppet. I'm no fan of his.













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