Very Hard to Value the APproval

WOW APPROVAL Together With A Barda Grant

Incredible.

Really do not know how to value that.

Roughly market caps.

NVAX 8 Billion

REMD received a 10 bl increase in market cap on a nothing approval

MRNA 26 Billion

So Quite Interesting -

An approval of this nature, I believe many believe, would result in a minimum

of a 10 Billion Market Cap.

Imagine if a company had an inhaler that could deliver drug effectively in
mild to moderate.

Now you are in the 26 Billion Market Cap Area.

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