OldManLogan
$NGEN The muted response to this news is absolutely bizzare. Some people here have ben calling management inept while they are quietly but aggressively executing on their primary objective. It usally takes a phase 3 registrational trial 6-9 months to go from FDA alignment to actively recruting - NGEN management did it in 5.7 months. It can also take MANY MONTHS on average, especially in a CNS trial, to go from "actively recruiting" to "first patient dosed" ... they just accomplished that in 2 weeks... that is almost UNHEARD OF, check for yourself. The most important thing is that management is able to execute ahead of schedule... so when they say they will complete recruitment in H2 2027 and topline readout in H1 2028... I think they're going to beat that. We could be roughly a year from topline readout for a drug that addresses a massive unmet need, has zero competition and potential peak sales in the billions... INSANE UNDERVALUATION.
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