Big FDA and HHS announcement.
"Covid Therapuetic Breakthrough" will be announced
It's on all the news services.
I would like to link but political figures are named
Quote: rsactuaryThe problem is, the claim might not be taken seriously.
I suspect this will be science grounded.
The FDA is probably going to show some type of clinical data.
In the end as long as doctors believe the science it really doesn't matter what the average American does
Quote: darkozSix pm EST today (Sunday)
Big FDA and HHS announcement.
"Covid Therapuetic Breakthrough" will be announced
It's on all the news services.
I would like to link but political figures are named
Good luck, darkoz! I hope the news conference will be about Leronlimab.
https://www.forbes.com/sites/thomaslandstreet/2020/08/23/there-really-is-a-covid-therapy-that-works-its-called-leronlimab/#17ec5daf6234
Quote: darkoz
In the end as long as doctors believe the science it really doesn't matter what the average American does
I'm not exactly sure what you meant by that comment but as it reads it is definitely untrue
it is widely expected that if and when a vaccine comes that a great many Americans will refuse it
there are currently a great many Americans including older adults who are at the most high risk for seriousness who refuse to get flu shots
the CDC reports that only about 45% of adults over 18 get flu shots
https://news.gallup.com/poll/317018/one-three-americans-not-covid-vaccine.aspx
https://www.cdc.gov/flu/fluvaxview/coverage-1819estimates.htm
Quote: darkoz...It's on all the news services. ...
I find the announcement of the press conference on only one news service. Care to take a guess as to which one that is?
Maybe. Maybe credible research has been done that yields significant results. Maybe the front line researches have been so disciplined that nothing has leaked to the press and even Googles all-reading spider bots ave not picked up a word of it. Maybe two huge government agencies involved have managed to have their many thousands of employees hold the information in confidence. Maybe.
So far there's just an article on one new organizations site announcing a press conference with a tease as to what will be presented. I'm not going out to get champagne in anticipation of partying like it's 1999. Show me the science.
Edit: After reading the Forbes article rsanctuary provided a link to, I am much more optimistic that there will be some substance to the announcement. That is, science.
Quote: lilredroosterI'm not exactly sure what you meant by that comment but as it reads it is definitely untrue
it is widely expected that if and when a vaccine comes that a great many Americans will refuse it
there are currently a great many Americans including older adults who are at the most high risk for seriousness who refuse to get flu shots
the CDC reports that only about 45% of adults over 18 get flu shots
https://news.gallup.com/poll/317018/one-three-americans-not-covid-vaccine.aspx
https://www.cdc.gov/flu/fluvaxview/coverage-1819estimates.htm
It's a therapeutic being announced today not a vaccine.
Treatment will be for those who get sick and want to get better
I suppose if people catch a bacterial infection and refuse Penicillin you can argue Penicillin doesn't work.
Refusal to take your meds doesn't mean the meds don't work
Quote: BleedingChipsSlowlyI find the announcement of the press conference on only one news service. Care to take a guess as to which one that is?
Maybe. Maybe credible research has been done that yields significant results. Maybe the front line researches have been so disciplined that nothing has leaked to the press and even Googles all-reading spider bots ave not picked up a word of it. Maybe two huge government agencies involved have managed to have their many thousands of employees hold the information in confidence. Maybe.
So far there's just an article on one new organizations site announcing a press conference with a tease as to what will be presented. I'm not going out to get champagne in anticipation of partying like it's 1999. Show me the science.
Uhhh.
It's on CNN
It's on Fox
And it's tweeted out by Kayleigh macnannny
And Jared Kushner just discussed it this morning on Fareed Zakaria.
It's on a number of other sites
Not sure how you see only one place.
Suggestion, watch the news conference at 6pm
A Google News search returned only the Fox announcement. I also checked the AP and Reuters sites - nothing. But hey, that was several minutes ago. An eternity in Internet time.Quote: darkoz... It's on a number of other sites ...
I will, thanks for the heads up!Quote: darkoz... Suggestion, watch the news conference at 6pm...
Quote: darkoz
You may need a money manager.
Quote: BleedingChipsSlowlyA Google News search returned only the Fox announcement. I also checked the AP and Reuters sites - nothing. But hey, that was several minutes ago. An eternity in Internet time.
I will, thanks for the heads up!
Uggghh. Forgive me mods. Covid announcement is de facto coming from the government.
https://www.bloomberg.com/news/articles/2020-08-23/trump-to-present-virus-therapy-breakthrough-after-hitting-fda
https://www.google.com/amp/s/thehill.com/homenews/administration/513259-trump-to-announce-breakthrough-coronavirus-therapeutic-white-house%3famp
https://www.google.com/amp/s/nypost.com/2020/08/23/white-house-trump-to-announce-covid-19-breakthrough/amp/
https://www.google.com/amp/s/www.businessinsider.com/white-house-major-covid-19-therapeutic-breakthrough-2020-8%3famp
https://www.google.com/amp/s/news.yahoo.com/amphtml/white-house-announces-president-trump-122644123.html
There are more.
I think your search engine failed you this morning
https://finance.yahoo.com/quote/RLFTF
I own both so it doesn't matter to me, and I could see it being either of them. Of course there may be others out there as well, but these 2 are the only ones I know of that seem to be fast tracked.
Of course by the time any of us are able to buy it the price will have soared.
And even if it isn't any stock I own I'll be happy if it just works so we can start moving towards normality.
Quote: rsactuaryThis published 15 minutes ago from Forbes. Appears to be speculation.. but still.
https://www.forbes.com/sites/thomaslandstreet/2020/08/23/there-really-is-a-covid-therapy-that-works-its-called-leronlimab/#17ec5daf6234
The article has been removed!
This day is getting crazy!
Quote: darkozThe article has been removed!
This day is getting crazy!
Interesting!
Even if this is true.
it's also not an approval, only an emergency permit.
Quote: billryanThe breakthru is a convalescent serum. More smoke and mirrors from CYDY and its followers.
it's also not an approval, only an emergency permit.
Ridiculous to claim it as smoke and mirrors from Cytodyn when the president made an announcement of a breakthrough therapuetic.
Newsflash:. Blood plasma is not a breakthrough. It's been in use for decades.
In fact last week it was put on hold for weak data by the FDA in regards to Covid-19
If the FDA has reversed course I agree there is smoke and mirrors here but it's not coming from Cytodyn
There haven't been any proper clinical trials.
So much for the FDA
https://www.google.com/amp/s/www.wired.com/story/97000-people-got-convalescent-plasma-who-knows-if-it-works/amp
https://www.fda.gov/vaccines-blood-biologics/investigational-new-drug-ind-or-device-exemption-ide-process-cber/recommendations-investigational-covid-19-convalescent-plasma
Quote: darkozThis is what the FDA said about convalescent plasma just four days ago and it wasn't good.
https://www.fda.gov/vaccines-blood-biologics/investigational-new-drug-ind-or-device-exemption-ide-process-cber/recommendations-investigational-covid-19-convalescent-plasma
Quote: wapoIn a tweet late Saturday night, White House press secretary Kayleigh McEnany said the announcement at 5:30 p.m. Sunday involved “a major therapeutic breakthrough on the China virus.” Officials confirmed on Sunday the treatment is convalescent plasma;
So, announcing a gamechanger that isn't. Oops. Mustn't get political.
Quote: OnceDearSo, announcing a gamechanger that isn't. Oops. Mustn't get political.
The Forbes article has been reinstated.
Curiouser and curioser.
It said removed by the editor. Now back.
My blood pressure is up
Quote: darkozThe Forbes article has been reinstated.
Curiouser and curioser.
It said removed by the editor. Now back.
My blood pressure is up
Try sucking on some oleana. Lots of people saying all sorts of good things about it. What do you have to lose?
Is it possible that certain news outlets are being intentionally misled?
Enjoy the pandemic now until summer 2021
Quote: darkozSo now FDA has foregone double blinded placebo controlled trials.
Quote: Queen
But seriously: I can't help feeling that some mischievous persons or enterprise has woven the idea that this was related to leronlimab, as a way of manipulating the share price. At the very least there's an unusual level of confusion in the run up to the big announcement.
That forbes article is inactive for me and shows as legible greyed out text.
https://www.forbes.com/sites/thomaslandstreet/2020/08/23/there-really-is-a-covid-therapy-that-works-its-called-leronlimab/#7701a6fd6234
Pump and dump Mischief?
Quote: OnceDearQuote: Queen
But seriously: I can't help feeling that some mischievous persons or enterprise has woven the idea that this was related to leronlimab, as a way of manipulating the share price. At the very least there's an unusual level of confusion in the run up to the big announcement.
That forbes article is inactive for me and shows as legible greyed out text.
https://www.forbes.com/sites/thomaslandstreet/2020/08/23/there-really-is-a-covid-therapy-that-works-its-called-leronlimab/#7701a6fd6234
Pump and dump Mischief?
How so? The President announced a news conference on a Sunday? No markets open?
Quote: rsactuaryQuote: OnceDearQuote: Queen
But seriously: I can't help feeling that some mischievous persons or enterprise has woven the idea that this was related to leronlimab, as a way of manipulating the share price. At the very least there's an unusual level of confusion in the run up to the big announcement.
That forbes article is inactive for me and shows as legible greyed out text.
https://www.forbes.com/sites/thomaslandstreet/2020/08/23/there-really-is-a-covid-therapy-that-works-its-called-leronlimab/#7701a6fd6234
Pump and dump Mischief?
How so? The President announced a news conference on a Sunday? No markets open?
Thank you RSanctuary for pointing out the obvious.
Plus a pump and dump when the stock is at near its lowest of the month?
Stock isn't going to rise on this tomorrow lol.
Once Dear, the Leronlimab suggestions came about because the first of two randomized double blinded placebo controlled clinical trials for Leronlimab ended two weeks ago and based on certain endpoints being met an EUA was requested.
The FDA usually takes 7 days to reject. It's now been 14 days.
So big announcement of "breakthrough therapuetic and out comes the administration to announce a 100 year old treatment with no clinical trials gets that same requested EUA.
SMH
CYDY had a horrible week, dipping below $3 at one point, but rallied a bit on Friday to end in the 3.40 range. The un-named insiders have seen their 12 million dollars investment grow into a billion or so. The newcomers will have to wait awhile to see any return on investment.
Quote: billryanI'm going to assume all concerned are aware that stocks trade after-market and leave it at that.
CYDY had a horrible week, dipping below $3 at one point, but rallied a bit on Friday to end in the 3.40 range. The un-named insiders have seen their 12 million dollars investment grow into a billion or so. The newcomers will have to wait awhile to see any return on investment.
Yes, I am aware of that, and this afternoon it budged a fraction of a cent. No one from the company associated themselves with this announcement, not sure where this is coming from.
Quote: billryanI'm going to assume all concerned are aware that stocks trade after-market and leave it at that.
CYDY had a horrible week, dipping below $3 at one point, but rallied a bit on Friday to end in the 3.40 range. The un-named insiders have seen their 12 million dollars investment grow into a billion or so. The newcomers will have to wait awhile to see any return on investment.
So now Bill wants to prove his pump and dump ideas so much that now OTC stocks trade on Sundays.
OTC after hours are 4-8pm on open trading days only
Keep going Bill. Enjoying the fiction?
I kind of look at it differently. People REALLY want to see new things happening so they can get back to their lives. Plasma? Pretty ho-hum.
And the FDA is well aware of that too, and are pushing to make it happen.
I believe we are getting quite close to where some of these will be released and when they do there's going to be some skyrocketing share prices. And it doesn't have to be just one either. They all work differently and some will work better on some patients and others will work better on others.
And of course the big issue is that they save lives and reduce damage to the body.
So I'm not getting worked up over it. It will happen when it happens. I expect to see more than a few be approved, and over time we'll see which ones work the best that end up being the most used.
After pointing out plasma will help at Least partially for now this Fox reporter concludes Leronlimab is next solution.
Not a press release!
So getting some traction
The only real world knowledge I have of leronlimab is what I reported from an ICU coronavirus doctor we know who stated that his firsthand experience with it in May 2020, was that it caused life changing negative side effects in a patient of his such that he would never administer it again.
Quote: darkozSo now Bill wants to prove his pump and dump ideas so much that now OTC stocks trade on Sundays.
OTC after hours are 4-8pm on open trading days only
Keep going Bill. Enjoying the fiction?
I didn't mention pump and dump. Nor did I start a thread on this. How many times can you be wrong? You started this thread. You started the other thread, months ago promising miracle results in a matter of weeks. That was about 150,000 American lives lost as you've been telling everyone that a cure is just a visit to the emergency room away.
Tell me you didn't start this thread because you were expecting it to be about your miracle drug. It took twenty seconds to see the WH already leaked the plasma therapy.
Somebody leaked the story, I can't say for sure it was the WH.
Quote: MDawgOn the other hand, blood plasma treatments for coronavirus have been ongoing and widespread in hospitals since May, maybe even April 2020..
Lol, Leronlimab clinical trials been ongoing since April.
If you are going to discuss at least get facts correct
Quote: MDawgInteresting how the "announcement" coincides with the moment futures start trading. Well, based on how traders take it we'll know quickly what the street thinks.
Quote: HullabalooI see a lot of disappointment in the financial forums after the announcement.
I'd say that the market is ignoring the announcement. Futures are up modestly and I doubt it has anything to do with this announcement one way or another.
Quote: darkozLol, Leronlimab clinical trials been ongoing since April.
If you are going to discuss at least get facts correct
A few tiny TRIALS - coronavirus antibody blood plasma has been given to patients widespread in general hospitals. I am actually not aware of any hospitalized coronavirus patients starting in May 2020 or so, who started to go downhill, who WEREN'T given blood plasma. Completely different scope.
Reminds me of a classic Star Trek episode:
"You're behaving very much like a man who is desperately trying anything to save his friend."
For friend...read, leronlimab.
Quote: MDawgA few tiny TRIALS - coronavirus antibody blood plasma has been given to patients widespread in general hospitals. I am actually not aware of any hospitalized coronavirus patients starting in May 2020 or so, who started to go downhill, who WEREN'T given blood plasma. Completely different scope.
Reminds me of a classic Star Trek episode:
"You're behaving very much like a man who is desperately trying anything to save his friend."
For friend...read, leronlimab.
If everyone hospitalized got plasma and we still have 1300 dying a day that should tell you how we all got hosed today.
But again do your research.
Leronlimab has had over 70 EIND's with a higher success rate (higher than 35%).
Just because you aren't aware of it means nothing. The info is on the net
But 20 million will become homeless in the next 5 weeks, so you've got epic fail on deck. Could be a quarter million homeless in Vegas.
Bad day for CYDY. All circumstantial. Clearly there’s political pressure to release good news on COVID ASAP. See, eg, this release today pushing plasma. I won’t go deeper here to avoid politics.
Clearly CYDY is positioned for an FDA ruling. It’s seven days past typical rejection date. Others think so too, hence the Forbes story.
If there was something with this treatment that would be really good and even if not ready to announce, then I think [insert political reasons] we would not have seen this plasma story today, which is getting decidedly lukewarm and mixed play. FDA would have said to wait: there’s great news coming soon with Leronowhatever.
Quote: unJonMy take (I’m not invested in any of the relevant stocks except to the extent in a broad based market ETF):
Bad day for CYDY. All circumstantial. Clearly there’s political pressure to release good news on COVID ASAP. See, eg, this release today pushing plasma. I won’t go deeper here to avoid politics.
Clearly CYDY is positioned for an FDA ruling. It’s seven days past typical rejection date. Others think so too, hence the Forbes story.
If there was something with this treatment that would be really good and even if not ready to announce, then I think [insert political reasons] we would not have seen this plasma story today, which is getting decidedly lukewarm and mixed play. FDA would have said to wait: there’s great news coming soon with Leronowhatever.
I agree this isn't good for Cytodyn short term.
I'm anticipating a blood bath tomorrow.
And that's with no news for Leronlimab aside from no mention today
But the 2nd of the two clinical trials is still ongoing. Interim analysis is due at 195 patients enrollment and they are 186 I believe.
That's only 9 more patients to enroll.
Note if a trial is not promising the FDA calls a halt to it and that hasn't happened.
So interim data (unblinding) 28 days after 195th patient (that is patient 195 is enrolled and treated for 28 days.
If FDA is awaiting the 2nd clinical interim we at least 6 weeks away
Quote: darkozLol, Leronlimab clinical trials been ongoing since April.
If you are going to discuss at least get facts correct
Oh yes, Leronlimab. That will save everyone! LOL!!!
Quote: billryanI didn't mention pump and dump. Nor did I start a thread on this. How many times can you be wrong? You started this thread. You started the other thread, months ago promising miracle results in a matter of weeks. That was about 150,000 American lives lost as you've been telling everyone that a cure is just a visit to the emergency room away.
Tell me you didn't start this thread because you were expecting it to be about your miracle drug. It took twenty seconds to see the WH already leaked the plasma therapy.
Somebody leaked the story, I can't say for sure it was the WH.
Printed prior to the ridiculous plasma announcement
https://insiderfinancial.com/cytodyn-may-make-the-white-house-podium/180294/?fbclid=IwAR1VG9HclCs4OWBnhAmjRk_7U0SIj8hTIXPGK1Ypfxrr3YbbptIQX9Bc1vM
Quote: darkozPrinted prior to the ridiculous plasma announcement
https://insiderfinancial.com/cytodyn-may-make-the-white-house-podium/180294/?fbclid=IwAR1VG9HclCs4OWBnhAmjRk_7U0SIj8hTIXPGK1Ypfxrr3YbbptIQX9Bc1vM [/q
If you go to the bottom of the article, you will see that this is, for all practical purposes, a press release disused as a news article.The difference between fiction and reality is that fiction is supposed to make sense.