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Biotech / Medical : NNVC - NanoViricides, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: donpat who wrote (9877)2/20/2018 3:26:35 PM
From: drkaz  Respond to of 12873
 
This is actually something that many of us suspected (hoped?) the company would do, sooner or later, as one of the recurring complaints was that NNVC needed a CEO with direct experience in leading a drug/treatment through FDA review, clinical testing, and into production stages.

I would have preferred that the interim CEO be one of the board members, rather than Dr. Diwan, as he's already got a lot of control in the company already. However, as long as they get somebody from the outside with experience that neither Diwan nor Seymour has - I view this as a significant plus.

This information, coupled with the information that the toxicity work is done, and that there still is no observed toxicity, is very good news. We'll have to see how the market views it over the next couple of weeks.



To: donpat who wrote (9877)2/20/2018 3:44:23 PM
From: Savant  Read Replies (1) | Respond to of 12873
 
Wondering, is Diwan going to pull the CEO salary that Seymour was getting?

Given the relationship between the companies, one could imagine that there would be a conflict of interest in re:fiduciary responsibility