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Biotech / Medical : momo-T/FIF

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To: scaram(o)uche who wrote (12041)1/16/2019 1:58:56 PM
From: scaram(o)uche   of 12215
 
>> AXGN <<

Never owned it, never looked closely.

Today, CCO gets a separation agreement. Guy got fired, but looks like he had some leverage.

Then they issue an absurd release, "Study Supports Company’s Planned Biologic License Application (BLA).....", when the actual punchline is "AxoGen has submitted the interim analysis to the FDA for review with the intention of obtaining agreement on next steps, which could include continuing study enrollment."

Continued enrollment would be a disaster, given that every additional patient enrolled will restart the one year timer.

What gives? And how could a release re. full enrollment lead to "study supports"? Is there any way on this wonderful globe that the release is not meant to be misleading?
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