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Biotech / Medical : GenVec - GNVC
GNVC 7.1930.0%Jun 26 5:00 PM EST
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To: Savant who wrote (78)3/21/2016 9:24:30 PM
From: Gary Mohilner  Read Replies (1) of 106
 
I liked what was said at the quarterly webcast. It's quite clear that no safety problem exists in the hearing trial and it should be resumed at any time, or may actually have been resumed. I'm uncertain that Novartis must announce it, but the update in the clinical trials database indicating they're still recruiting is certainly a positive.

It's my belief that GNVC cannot say something that either Novartis hasn't said, or released GNVC to say. GNVC may know the trial has resumed, but lacking NVS approval to say so, they may only hint on it occurring.

What I found interesting was the emphasis on future partnerships. It sounds like they are in discussions with a variety of different companies on several possible drugs or vaccines. They made it sound like one or more of the partnerships should almost certainly be announced this year.

Gary
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