I still see this stock having massive potential in the long run considering the results of all the studies already carried out.
Especially with estimated markets for OA:
Europe 40 million but approximately 55 million* when all rheumatic diseases are taken into account
USA 31 million but about 55 million++ when all arthritic types of conditions taken into account.
Australia 2.2 million
I've read somewhere that Big Pharma, generally, are streamlining/narrowing their focus on the number of compounds they invest in and then sell.
And that narrowing of focus has a lot to do with the cost of running trials and of course the risk in doing so.
So from the pile of evidence regarding efficacy we already have for iPPS, the market opportunity for just the three markets above for just OA of at least 73 million and the fact that PAR already has most of the funds to get the trial started and progress significantly along that path, you would think that such a large market opportunity would be of significant interest to at least one Big Pharma company.
And I would think that gaining the IND approval for iPPS would be a very important milestone along PAR's journey, especially for any Big Pharma companies that may be watching. All IMHO DYOR Hopefully that will bring a deal closer.*
https://www.eular.org/myUploadData/files/EU_Horizon_2020_EULAR_position_paper.pdf
Page 6 Morbidity in relation to Rheumatic and Musculoskeletal Diseases. Point 4.
++
https://www.cdc.gov/chronicdisease/resources/publications/factsheets/arthritis.htm#:~:text=In%20the%20United%20States%2C%2023,arthritis%20report%20severe%20joint%20pain
- Forums
- ASX - By Stock
- PAR
- A huge buying opportunity
A huge buying opportunity, page-30
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
Add PAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
-0.015(6.98%) |
Mkt cap ! $70.04M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 20.0¢ | $201.6K | 994.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 429247 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 13806 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 389247 | 0.200 |
8 | 133607 | 0.195 |
17 | 238789 | 0.190 |
4 | 92160 | 0.185 |
8 | 122773 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 13806 | 2 |
0.215 | 28509 | 1 |
0.220 | 59615 | 6 |
0.225 | 28604 | 2 |
0.230 | 16334 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
PAR (ASX) Chart |