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Biotech / Medical : NNVC - NanoViricides, Inc.
NNVC 1.120-7.4%Jan 9 9:30 AM EST

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To: Colavita365 who wrote (12095)4/2/2019 4:59:40 PM
From: HardToFind  Read Replies (1) of 12873
 
The company should hedge its bets and go with the easiest path to drug approval for its topical product, and not necessarily have a one-track mind about just shingles. Genital herpes may actually be a lower regulatory bar to jump over than shingles, given the limitations of a topically applied product for a disease with origins deep within the body.
I completely agree, but what about Anil Diwan's $4 Mn entitlement for licensing the shingles indication. Sadly, I'm concerned that's going to unduly influence the decision because it has already unduly influenced the path this company has taken. We spent a year or more getting the Moffat model validated, which wouldn't have been necessary if we had just gone for HSV-1 and HSV-2. Seymour was pushing for initially going out with an HSV-1/HSV-2 indication when he was CEO, but Diwan would have none of it.

I'm afraid we are at the mercy of the whims of an egomaniac who will get his $4 Mn licensing fee, whether it is in the best interest of the company or not.
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