Well, that's what the following article from Bloomberg states with reference to Merck's attempt:
http://www.bloomberg.com/news/2012-12-19/merck-kgaa-lung-cancer-drug-misses-trial-s-survival-goal.html
...'the company’s ambitions of turning the medicine into a $1 billion-a-year-product.'
If Prima Biomed's Cvac can be used upon several cancers are we looking at more than One Billion dollars per year year in commercial revenue for Prima Biomed?
Analyst's Reports and their Price Targets of around 30 cents maybe undervaluing this company by a factor of 5.
But, wait-a-minute, where's PRR's stock price today - 11.5 cents?
Well, let's make that a factor of at least x 12 times against today's price!
2014 is coming, sooner or later the market will suddenly snap-to-attention upon the realisation of the tremendous commercial revenue earning potential of this great little company.
Great Article
http://www.dailyfinance.com/2010/10/06/inside-wall-street-is-this-tiny-aussie-biotech-the-next-dendreo/
PRR’s technology and process is not like Merck / Oncothyreon / Stimuvax, instead it is similar to Dendreon’s process for its cancer immunotherapy 'Provenge,' - which has ALREADY been APPROVED.
- Forums
- ASX - By Stock
- IMM
- prr's cvac - one billion dollars per year?
prr's cvac - one billion dollars per year?
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMM (ASX) to my watchlist
(20min delay)
|
|||||
Last
31.0¢ |
Change
0.020(6.90%) |
Mkt cap ! $450.9M |
Open | High | Low | Value | Volume |
29.0¢ | 31.5¢ | 29.0¢ | $1.805M | 5.903M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 193400 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 193400 | 0.305 |
4 | 51236 | 0.300 |
2 | 49237 | 0.295 |
3 | 66656 | 0.290 |
4 | 118595 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 199990 | 9 |
0.325 | 271463 | 4 |
0.330 | 111100 | 3 |
0.335 | 159207 | 4 |
0.340 | 150000 | 3 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
Featured News
IMM (ASX) Chart |
The Watchlist
3DA
AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
Previous Video
Next Video
SPONSORED BY The Market Online