NEU 0.26% $15.57 neuren pharmaceuticals limited

Phelan-McDermid Syndrome, page-72

  1. 5,913 Posts.
    lightbulb Created with Sketch. 17967
    Agent- 86

    Your guess on this is as good as mine because I really don’t know.

    All I can offer is a couple of observations.

    Firstly, as I think I’ve said before, if NNZ-2591 is successful in Phase 2 PMD, I think it unlikely that Neuren will be running a Phase 3 trial in PMD or any other indication. My feeling is that, whether we like it or not, it will be Acadia running the show.

    That said, I believe that Neuren will continue to work towards making NNZ-2591 a Phase 3-ready asset by completing all the necessary manufacturing requirements (very important step) and meeting with the FDA (and possibly EMA) in a post-Phase 2 meeting to ascertain what the FDA’s pivotal trial requirements are. With respect to trial design, I think that any potential acquirer would prefer to control that.

    The clinical trials website suggests that there has been just one Phase 3 trial commenced in PMD, which is still in progress – and that’s a randomized, double-blind placebo-controlled 12 week treatment trial in 7-18 yr olds with PMD and ASD, using a pre-existing drug (lithium). There appears to be just one recruitment site in Paris, and they are aiming to enrol just 22 patients and expect that to take 2 years.

    Other current Phase 2 trials in PMD are small (in a couple of cases, just 6 participants) and recruiting at just one or two sites.

    However, I’d expect any Phase 3 trial of NNZ-2591 in PMD to be considerably larger than the current Phase 2, where all 20 participants are receiving the drug.
 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$15.57
Change
-0.040(0.26%)
Mkt cap ! $1.990B
Open High Low Value Volume
$15.83 $15.87 $15.20 $8.124M 524.8K

Buyers (Bids)

No. Vol. Price($)
1 64 $15.49
 

Sellers (Offers)

Price($) Vol. No.
$15.58 597 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.