Now that would increase the stock price, CEO Paul Perreault said it would be a block buster billion dollar generator.
Old figures from 2016, but do your own Google research if you want to know more:
"A billion reasons to love CSL's new drug
A cholesterol killer decades in the making could be a game changer for CSL.
How to value hope though it's a long shot, we can't ignore CSL-112's potential. Citigroup research estimates that the therapy could add around US$1.0bn to net profit within five years of launch. That seems reasonable – if not conservative – given that the current market for cholesterol-lowering drugs is around US$30bn a year and the margins on CSL-112 would be mouth watering because CSL would manufacture it using the waste portion of its existing plasma supply. Taking CSL's current forward price-earnings ratio of 27, an extra billion in net profit might mean another US$27bn added to the company's market cap – or $77 per share."
LINK
CSL possible pull back to low $200's, page-347
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Last
$294.13 |
Change
-0.870(0.29%) |
Mkt cap ! $142.4B |
Open | High | Low | Value | Volume |
$295.01 | $296.50 | $293.51 | $164.4M | 558.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 136 | $294.10 |
Sellers (Offers)
Price($) | Vol. | No. |
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$294.13 | 250 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 136 | 294.100 |
1 | 1274 | 293.860 |
1 | 34 | 293.850 |
1 | 1274 | 293.700 |
1 | 1013 | 293.620 |
Price($) | Vol. | No. |
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294.170 | 949 | 1 |
294.190 | 750 | 1 |
294.240 | 594 | 1 |
294.270 | 46 | 1 |
294.280 | 875 | 1 |
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