I just went back over the NEU price jump time frame ($1.20 to $15 in 18 months), so thats 12x, and $1.60 to $15 in 15 months. If you look at their trigger it was when 3 phase 2 trials were allowed, and 2/ when a phase 3 trial started. They had a few other things going on but the synergies are close in other ways with regard to a total pipeline of drugs, and the likelihood of success being in a similar space also having an effect.. Their first drug has been out licensed so thats a brake on their price whereas PYC has no such “sharing” of the proceeds at this time….
So we could easily move more than 12x in the next 18 months. That’s close to $1.00. I dont think anyone here is ready for that. I mean we are ready but we dont actually think it will happen as we are so beaten down at this point.
Come back in a year and lets see if we can be $.50 at least
PYC Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
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