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Pharmaust Phase II K9 Trial, page-413

  1. 2,711 Posts.
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    Good points Iamagenius,
    Of-course its all based on a successful trial, but I invite anyone to do the maths.

    Fact : Six million dogs present to vets in the US each year and only 20% try Chemo due to its cost and difficulty. Now assume how many will take up an offer to take a pill at home. [Our family mutt already does this for a heart condition and we did not hesitate] It has been suggested $50.00 per week may be the cost. [have to admit I'm not sure where this came from] I and others [MM & NZ] have posted calculations in the past, but do your own. Even on a gross profit of $30.00 per week on a take up of 10% we are looking at a lot of $$$$$. And 10% is conservative as there are NO competitors.

    As for the current Hick Up with the recent CR. This is very normal for a small micro cap, don't be surprised if there are more still to come.

    Unfortunately life has me strapped out for cash at the moment, but I plan to pick up a few more tomorrow.

    All the Best
    Pete


 
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