NEU neuren pharmaceuticals limited

Ann: FDA approval for Phelan-McDermid IND and Phase 2 trial, page-9

  1. 987 Posts.
    lightbulb Created with Sketch. 392
    Agreed - and at least with this announcement it means that any doubt about progressing to phase two trials for PMS and probably Pitt Hopkins, has now been removed.

    Also - NNZ-2591 is a more superior drug than trofinetide, according to Jon Pilcher....

    "Yes trofinetide and NNZ-2591 both originate from Dame Margaret Brimble's work in Auckland. They are analogs of two different molecules - glycine proline glutamate (GPE) and cyclic glycine proline (cGP) respectively. Each plays a role in the metabolism of IGF-1 in the brain. The desired outcome of using the power of IGF-1 in the brain is the same, but with a different mechanism to achieve it. They also have different properties as drugs, with 2591 clearly superior in a few ways."

    Also ...

    "In the near term we think there are better opportunities with the current indications and potentially many more neurodevelopmental disorders."

    I am confident that the results looming from the ensuing trials for Angelmans, Pitt Hopkins and PMS trials will outdo the Retts trials.
    And the market for those alone is more than 5 times the value for Retts...

    And we own 100% of NNZ-2591.

    It is no wonder no one wants to sell now.... IMO.
    Last edited by giarc63: 23/03/22
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$12.85
Change
-0.110(0.85%)
Mkt cap ! $1.598B
Open High Low Value Volume
$12.82 $13.05 $12.53 $6.559M 511.8K

Buyers (Bids)

No. Vol. Price($)
1 1657 $12.83
 

Sellers (Offers)

Price($) Vol. No.
$12.85 6303 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.