IMO RAP would likely double on FDA approval, but most people are forgetting the deals Brian alluded to at Techknow Melb.
Brian suggested that there were conditional deals pending FDA approval. These deals were with both global players and local players who wanted an extra tick of FDA even though not necessary locally.
If you think you can jump in after the De Novo announcement - think again! There are deals pending this regulatory milestone, meaning the halt will be extensive in order to finalise commercial terms with multiple parties.IMO the FDA announcement will be coupled with multiple commercial deals.
Good luck jumping in below 60c.
IMO
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