K compared to Prana, as targets go, ACAD are playing second division. Prana are going after the big one, an unserved market for a disease modifying Alzheimer's drug, estimated by some commentators to be worth $20b annually.
How about this for a suggestion. A big pharma pay $250m up front and extend Prana a $500m line of credit. Before the deal is announced Prana issue 20% of co in extra stock to the said pharma at market price. 50/50 split of the entire MPAC platform.
Price goes berserk on the announcement and the pharma already have their money back, plus some. Prana still funding 50% of development costs with a strong say in ongoing development.
Sounds far out right. That is pretty much exactly what JNJ did with ELN to get just 25% of BAPI, only with bigger numbers, but ELN was in a much stronger cash position from earnings from their split with Biogen on Tysabri.
http://online.wsj.com/news/articles/SB124653774843985569
Footnote on ELN. Bapi is dead, they already spun off most of their development projects in Prothena. While Bapi was a hot prospect Elan market cap was up around $20b but fell $10b when their phase 2 AD trial failed. ELN is now about to be taken over by the US drugmaker Perrigo in a deal that values Elan at about $8.6b and Elan has never made a profit. Shareholders yesterday voted 99% in favor of the acquisition. Perrigo intends to incorporate in Ireland to take advantage of the 12% Irish tax.
- Forums
- ASX - By Stock
- ATH
- nasdaq trading
nasdaq trading, page-28
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ATH (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.96M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $8.021K | 2.111M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 23398919 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 132896552 | 36 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 23231919 | 0.003 |
57 | 83647043 | 0.002 |
27 | 140210099 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 131874607 | 35 |
0.005 | 18813930 | 22 |
0.006 | 16531534 | 16 |
0.007 | 53073650 | 24 |
0.008 | 39821482 | 31 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
ATH (ASX) Chart |