IXC 0.00% 6.6¢ invex therapeutics ltd

Ann: Invex Granted European Orphan Drug Designation for TBI, page-46

  1. 1,428 Posts.
    lightbulb Created with Sketch. 455
    Yes, but the value of an ODD is recognised only once a drug is approved in that indication - the value being market exclusivity for a time and a priority review voucher to be used or sold (FDA, not sure about UK).

    So if we get approval for IIH, we lock in the benefits of the ODD that was assigned to that indication. But the new ODD then becomes worthless.

    So this new ODD, while still awesome news and recognition, is really only of value if we are unsuccessful in IIH but eventually successful in TBI.
 
watchlist Created with Sketch. Add IXC (ASX) to my watchlist
(20min delay)
Last
6.6¢
Change
0.000(0.00%)
Mkt cap ! $4.960M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 100000 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.8¢ 10000 1
View Market Depth
Last trade - 16.12pm 12/07/2024 (20 minute delay) ?
IXC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.