TRP 3.23% 32.0¢ tissue repair ltd

Good to see an expected date for first patient enrolment....

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. Eqz
    3,453 Posts.
    lightbulb Created with Sketch. 1130
    Good to see an expected date for first patient enrolment.

    18month timeframe is a long runway though, however the sales trajectory of TR PRO+ and the added launch in 2025 with the additional indications could prove to be a solid revenue generator to mitigate the need for additional capital. Phase 3 trials are expensive so the risk now is funding for Phase 3 activities. Ramp of of sales reps and territory managers will eat more of the cash on hand, how quickly can they scale TR PRO+ is the million dollar question.

    For now I have taken a profit and exited my position after holding for 12months, will look for re-entry closer to Phase3 read out dates.
    Good luck guys.

    https://hotcopper.com.au/data/attachments/6350/6350064-51a3bb2c41707bac2f7707cc7c13be57.jpg

 
watchlist Created with Sketch. Add TRP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.