Reading the full Wilsons report, its interesting that they believe NNZ-2591 - if successfull - could "cannibalise" the profitability of Trof, and overall reduce NEU and Acadia value...
"Neuren have been savvy in tacking on limited rights to NNZ-2591 to this agreement with Acadia.They have monetised this asset in two indications that were previously ‘dead’ in the sense that Neuren (or anyother NNZ-2591 licensee) was not able to develop NNZ-2591 for Rett or FXS given the non-compete clause inthe existing trofinetide agreement. Specifically, the agreement stated Neuren could not develop competingproducts to trofinetide in those two indications. NNZ-2591 is a competing/replacement product to trofinetidegiven its similarity of mechanism (targeting IGF-1 restoration). We had previously accepted that these twoindications were off the table for Neuren’s development program with NNZ-2591, focusing our valuation andresearch on the four neurodevelopmental disorders (NDDs) currently in Phase II trials (Phelan-McDermid,Angelmans, Pitt-Hopkins, Prader Willi syndromes)."
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Reading the full Wilsons report, its interesting that they...
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Last
$19.50 |
Change
0.190(0.98%) |
Mkt cap ! $2.490B |
Open | High | Low | Value | Volume |
$19.39 | $19.98 | $19.38 | $7.285M | 370.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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11 | 7318 | $19.50 |
Sellers (Offers)
Price($) | Vol. | No. |
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$19.52 | 593 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 2061 | 19.500 |
1 | 250 | 19.460 |
1 | 256 | 19.450 |
2 | 165 | 19.400 |
1 | 134 | 19.350 |
Price($) | Vol. | No. |
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19.950 | 100 | 1 |
19.980 | 1561 | 1 |
19.990 | 500 | 1 |
20.000 | 7190 | 7 |
20.020 | 2581 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$19.55 |
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Change
0.190 ( 0.83 %) |
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Open | High | Low | Volume | ||
$19.41 | $19.97 | $19.39 | 83274 | ||
Last updated 15.59pm 14/06/2024 ? |
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