Provectus Disappears 'Breakthrough' Drug Claim on Web Site
By: Adam Feuerstein
| 05/20/14 - 01:42 PM EDT
Stocks in this article:
Did you notice the big change on the home page
of Provectus Biopharmaceuticals'
web site today?
Here's a screen shot of the site today. PV-10 is referred to as an "Investigational Drug for Cancer."
No big deal? Well, take a look at what Provectus' web site looked like yesterday:
PV-10 is a "Breakthrough Cancer Drug"? Really? That's news to all of us, given Provectus is supposed to hear back from the FDA this week about the request to grant PV-10 Breakthrough Therapy status for skin cancer
. So far, Provectus has said nothing about the FDA's response.
If Provectus hasn't heard from FDA yet on PV-10's "Breakthrough" status, why describe the drug on the home page of its web site as a "Breakthrough Cancer Drug"? Today, PV-10 is merely an "Investigational Drug." Maybe someone at the FDA caught a glance at Provectus' web site and slapped a wrist. We all know Provectus would never try to fool investors
. Nah, this fine, upstanding company would never do something sneaky like tricking people
into thinking PV-10 was granted Breakthrough Therapy status when it wasn't