PER 2.47% 8.3¢ percheron therapeutics limited

The next step

  1. 4,149 Posts.
    The last 2.5 years has seen
    - Kynamro approved by the Fda validating the antisense technology/platform... Isis moved from a 700mill mc to approx. 5 Billion mc today.
    - Positive prelim results for 1103.
    - Successful tox study completed for 1102.
    -Positive phase 2 results for 1103.
    -Various updated and strengthened international patents for 1103 and 1102 extending to 2029 and 2034 respectively.
    Each major milestone has basically gone unrecognised for the positives and oddly enough the same for the few negatives ie. when Tjab and the Scm fell over during that same period.
    Share price is about 25% cheaper now than what it was back then even though the company has made it through all those hurdles and continually added value to its pipeline. No money shot yet so it really all comes down to the next milestone or 2.
    -Fda approving 1102's plans moving forward - 17/10/2014
    -1103 being licensed.
    -1102 being licensed out.
    That's it...there is nothing else...these are the next major developments for Anp and their sole focus.
    ( and no I don't consider a piss fart cr, if it comes to that, a major development). As for the add on study the data already gained from phase II, shows a drug capable of treating a significant number of acromegalics, (to use Prof Trainer's words),so unlikely to have any bearing on negotiations except to show greater efficacy which would be in our favour anyway.
    1103 licensed out is going to be above 100mill imo and most likely circa 150mill imo. 1102 could well be 3 to 4 times that figure.
    Our current mc is 19 million.
    We know the Company has spent 40 odd mill developing both drugs.
    We have been told Destum is currently engaged with potential licensing partners.
    We will see a company defining development in the next few months imo.
 
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