The short answer here is the virus infections are accelerating, hospitals are filling up again. And there is very little treatment for the very sick with Covid . Period. Seems like investors lost sight of this very simple truth today. Over a thousand people in the US are dying every day of Covid and it’s accelerating. The doctors need a solid treatment for s/c and they don’t have it . We are very close to getting enrollees up to a point where we can do another interim review ,hopefully in mid to late January. There is no vaccine which will have enough people injected at that time to make a difference. Most likely it will be springtime as an optimistic estimate that the vaccine is even starting to show impact on the infection and deaths. And that’s just the US. This virus is global..the stock market high today of the Pfizer announcement, which I was very glad to see, will wear off as this virus comes back strong this winter and doctors are back to worrying about how full ICUs are.
I expect an NP video this week explaining the same thing..