NEU 0.81% $12.25 neuren pharmaceuticals limited

The Whens and Whys of Top Biotech M&A Deals, page-12

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    Hi Mr Street

    Not yet knowing the size and length of the PMS Phase 3 trial makes estimating timelines tricky, but my rough guess is that you need to allow at least 4 years.

    I would allow at least 2 quarters for Phase 3 trial planning and preparation (it took almost 10 months between the plans for Phase 3 in Rett being announced and trial commencement).

    I would allow 2.25 years for the trial, based on the length of the Phase 3 Rett trial for trofinetide, Acadia’s estimated timeline for its Phase 3 trial in PWS and Harmony Bioscience’s estimated timeline for its Phase 3 trial in PWS.

    I’d allow a minimum of 2-3 quarters for post-trial analysis, evaluation, and refinement of trial data and results before NDA submission (Acadia took 7 months for this stage)

    FDA priority review takes 8 months in total (2 months to submission acceptance + 6 months).

    So my guesstimate is at least 4 years to approval. If things were to run smoothly – Q4 2028.

    Please note, this is just my rough guesstimate.
 
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