PAA 5.56% 17.0¢ pharmaust limited

What excites me about the potential of running a phase 2/3 trial...

  1. 2,165 Posts.
    lightbulb Created with Sketch. 2640
    What excites me about the potential of running a phase 2/3 trial against frontotemporal dementia is that there is no treatment available, and the mechanism of action, if proven effective against ALS/MND, would raise expectations that it could very well also be effective against FTD.

    If this was the case, I would expect FDA accelerated approval would be a real chance .... a rare disease with NO treatment.

    From there, we already have GMP tablet manufacture, shelf life testing etc. etc. , monepantel is ready to go.

    The path to market could be relatively rapid on this indication.
    And once available, other indications can be pursued by care givers.

    Given this, BP may want to move quicker than expected on PharmAust.
    Has the FDA already been approached about potential against FTD as well as ALS ? A tantalising proposition.
    Last edited by Quiltman: 25/01/24
 
watchlist Created with Sketch. Add PAA (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
-0.010(5.56%)
Mkt cap ! $67.30M
Open High Low Value Volume
17.5¢ 18.0¢ 16.3¢ $581.7K 3.408M

Buyers (Bids)

No. Vol. Price($)
4 502428 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 40529 1
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
17.5¢
  Change
-0.010 ( 3.15 %)
Open High Low Volume
17.5¢ 18.0¢ 16.0¢ 3492891
Last updated 15.59pm 10/05/2024 ?
PAA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.