RAC 2.92% $1.94 race oncology ltd

Ann: Positive Pre-IND Guidance from FDA on Zantrene, page-12

  1. 2,653 Posts.
    lightbulb Created with Sketch. 2402
    I love how a statement from the FDA basically saying "you can use your $500M worth of old data" isn't price sensitive for a $360M market cap company! And the FDA gave guidance on what sort of AML they want us to look at.

    Starting valuation has got to be $500M for data, plus $5B for AML (benchmark historic transactions support this), plus same again for each of FTO and cardio-protection (because they are massive opportunities but currently unproven).

    Once proven, I don't think $20B will cut it
    Last edited by LongTony: 23/11/22
 
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