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Posted On: 06/17/2023 1:36:59 PM
Post# of 154862
So, the Binding Arbitration ruling needs to wait for the result of the hold being lifted. Based on a lift, LL is considered scientifically safe as per verified and validated clinical trial data. We know we met our p value by 16x. 0.05/0.0032 is 16. So we blew it away. Literally, it means that there is a 0.32% chance that the results produced in the trial could have been produced in the placebo group.
Basically 1/3 of 1% chance or 1 in 333 patients.
So then, we have safety and efficacy so it would have resulted in approval.
Instead we received RTF and clinical hold.
So with the lifting of the hold, SA, hires or has on staff an economist that can quantify the damages. This will be in the billions. We wrote off our entire inventory. Market cap fell by $1billion. Massive need to dilute by 350million shares. Lost revenue, probably at least $3-5 billion by now. The cost to HIV patients without treatment. etc...
Then, with that estimate, Arbiter makes his one and only ruling which is BINDING.
This is my thinking as well map. Thank you.
Basically 1/3 of 1% chance or 1 in 333 patients.
So then, we have safety and efficacy so it would have resulted in approval.
Instead we received RTF and clinical hold.
So with the lifting of the hold, SA, hires or has on staff an economist that can quantify the damages. This will be in the billions. We wrote off our entire inventory. Market cap fell by $1billion. Massive need to dilute by 350million shares. Lost revenue, probably at least $3-5 billion by now. The cost to HIV patients without treatment. etc...
Then, with that estimate, Arbiter makes his one and only ruling which is BINDING.
This is my thinking as well map. Thank you.
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