maybe ... but surely they don't need to immediately raise cash and move to phase 2 upon completion of phase 1b? They could run the trial and then simply wait till they get the acne results in and then look at their options to move forward?
I'm not overly concerned by the timeline change, it's not like they've blown out by years or anything silly, just noting that they seem to have moved.
Ann: Botanix Presents at Fall Clinical Dermatology Conference, page-11
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