I think the company is in the best position ever due to the following reasons .
1. The company has been largely derisked due to the great Phase 3 results .
2. The NDA should be lodged within the next 2 months .Had 2 discussions with fda re NDA already .
3. Milestone due to be paid by Acadia once the fda accepts the NDA lodgement .First milestone $10 mill US .
4. Plenty of cash over $30 mill .
5. Phase 2 trials for NNZ2591 commencing at end of this month .
6. Rest of world for trofinetide in progress .I believe a Melbourne Cup field of interested parties .
8. Acadia very keen to get trofinetide to market as other potential drugs they have are having some issues .
9. I believe finally that large pharmas are starting to put Neu on their radar .
I think we are in for a very interesting next 3 to 6 months !!
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Open | High | Low | Value | Volume |
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3 | 453 | 13.510 |
10 | 5522 | 13.500 |
3 | 455 | 13.490 |
Price($) | Vol. | No. |
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13.540 | 38 | 3 |
13.550 | 615 | 7 |
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