ACW 4.00% 2.6¢ actinogen medical limited

Ann: ACW XanaCIDD depression trial results expected early August, page-53

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  1. 494 Posts.
    lightbulb Created with Sketch. 20385
    Good post.

    What's probably of more interest than the rise IN SAVA - NASDAQ is the Market cap of Cassava, which is fast approaching $1bn AUD. Exciting for ACW - ASX holders given Actinogen's Xanamem has the potential to treat close to a dozen neurological disorders including Alzhiemer's.

    There is often a disparity between the Nasdaq and ASX biotechs but this does highlight what Actinogen Steven Gourlay has been stating for some time. If results in Actinogen's two current Phase 2 trial for both depression and AD replicate earlier clinical trials and continue to trend positively, as suggested by CMO Dana hilt, a significant rerate is on the cards ACW.

    https://hotcopper.com.au/data/attachments/6329/6329777-45a23081ce8fd569781b488362c5c896.jpg
    DYOR
    Last edited by Watmighthavben: 23/07/24
 
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