IDT 13.0% 13.0¢ idt australia limited

Increase in generic competition for Temozolamide has meant the...

  1. 2,461 Posts.
    lightbulb Created with Sketch. 167
    Increase in generic competition for Temozolamide has meant the addressable generic market is now only $200m approx. Volume of scripts has probably remained steady but heavy discounting results in the decline in $value. Use of Temozolamide for extended indications is possible in the future also as there are a significant number of clinical trials combining it with other treatments for indications other than brain cancers.

    Even a modest slice of the market will provide a significant double digit percentage growth in revenue. The current market cap of $37m belies where IDT will be next financial year.
 
watchlist Created with Sketch. Add IDT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.