And what is the valuation of RCE? Global antibiotic sales topped $40B USD in 2020 and are growing rapidly. $50B USD is the estimate for 2025. RCE compounds have been demonstrated to be effective against a wide range of gram negatives and positives. Usually, antibiotics are targeted and thus dont make for a compelling investment opportunity. RCE is different and testing is on the way to determine safety for oral, topical and parenteral administration. On top of the global antibiotic market, we are also looking at something that can be used for viral infections. Why on earth does RCE have a MC of 188m when it is possibly the most compelling investment idea on the planet? What am I missing?
RCE Price at posting:
$1.09 Sentiment: Buy Disclosure: Held
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