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CytoDyn Inc CYDY
(Total Views: 421)
Posted On: 12/05/2019 2:58:52 PM
Post# of 155792
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Posted By: TechGuru
Re: misiu143 #12091
I like NP's interviews as they "keep the wood in the fire" to put it in some way and simultaneusly let us know where we stand (good or bad).

Quote:
"Hopefully, in a few days we will get direction on which dose we will submit the BLA for and that will take us to the end of December for clinical trial section,"



This explains why he is saying end of December or earlier for BLA delivery. We are waiting on FDA's direction.

Quote:
"We've signed a non-binding agreement to license out the sales of the product in the United States," said Dr. Pourhassan. "The process is very extensive



That is, time consuming, this is a 12 years USA HIV deal. I hope is properly negotiated to protect all of us (investment wise and medically wise.)

Quote:
the Company expects to have the process finalized any day



OK, so the negotiations are alive and now very advanced. That is what I want to hear

Quote:
It takes 6 months usually to have an agreement like that. Hopefully very soon.



So package is very complex and there is need for time. Important thing is everything is "on rails". No rush but finish it

Quote:
"Everything is going well. We need to just make sure that we get the approval and start having revenue - hopefully in 2020,"



Good to hear, the BLA will go to FDA soon and, if approved we will be financially safer next year.













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