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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT

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To: Ducks who wrote (358)2/5/2000 7:38:00 AM
From: the Chief  Read Replies (1) of 500
 
My understanding is that they will announce the "calf trials" within two weeks, if not before.

This is why the "math" no longer works. Two weeks from now is Middle Feb. The implants are staggered a week apart and two are done a week, one in the US and one in Canada. Even using a slide rule it tells me that the trials would be "lucky to be finished by "END of Q2". Then theres that little issue where you need Health Canada (HC) approval before you can do human trials. HC is NOT a rubber stamp, they review all the data before issuing an approval. Even fast-tracking is not "fast" in Canada. IMHO allow 3-5 weeks for HC Canada review...minimum. Because WHT is not able to predict the final date for HC approval, an appropriate candidate could deteriorate during the wait they will not be able to pick a candidate before the HC approval. ......yada yada yada!

My estimate is Q4 this year...if it happens before I will be pleasantly surprised.

the Chief
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