Bullish
$EVOK lots of pessimism and worry read here but I'm bullish. Why? Consider recent CEO quotes: “As we plan to resubmit our New Drug Application (NDA) for Gimoti™ this quarter, we remain optimistic that we will be able to address the issues cited in the U.S. Food and Drug Administration’s complete response letter. " and from the resubmission news: “We are very pleased to have been able to provide the information requested by FDA in the resubmission of the NDA for Gimoti,” said David A. Gonyer, R.Ph., President and CEO of Evoke Pharma. “If approved, we believe Gimoti has the potential to advance the treatment for gastroparesis treatment by delivering the drug nasally, to help avoid problems with GI absorption commonly seen in patients with this disease.” Note, the 2nd quote reflects no reservation about NDA acceptance as it hypothesizes what drug approval would mean. Confidence is expressed about satisfying the FDA. Bullish w/ news imminent on NDA, IMO.
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