I think that's a bit short sighted lol - but no doubt they would have some idea about the real cost down the track...
The cap raise has covered the cost (hopefully) of completing clinical trials - the cost of actually getting a drug into market is far greater than that though and it's not just about marketing it. Sure it's a very small population but manufacturing product for a drug in market as opposed to a few participating in a clinical trial is a completely different thing and often one of the problems for small companies not in the know often bottlenecks without their own facilities.
Still a long way off before we need to worry about that yet …. but it will come in time if proves successful.
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pyc therapeutics limited
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$1.21

and the lead candidate is?, page-21
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Last
$1.21 |
Change
-0.030(2.42%) |
Mkt cap ! $705.7M |
Open | High | Low | Value | Volume |
$1.24 | $1.26 | $1.21 | $627.7K | 506.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4985 | $1.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.26 | 4115 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4985 | 1.210 |
2 | 1597 | 1.200 |
1 | 30000 | 1.195 |
1 | 10000 | 1.190 |
1 | 17583 | 1.185 |
Price($) | Vol. | No. |
---|---|---|
1.260 | 4115 | 1 |
1.290 | 7500 | 1 |
1.300 | 8200 | 2 |
1.310 | 7427 | 1 |
1.320 | 10000 | 1 |
Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
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AFT PHARMACEUTICALS LIMITED
Hartley Atkinson, CEO & Founder
Hartley Atkinson
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