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$15.40 clinuvel pharmaceuticals limited

Ann: SCENESSE European Orphan Drug Designation for XP, page-7

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TheAnalyst007

15,049 Posts.

3709

29/04/24

11:38

Post #: 73555800
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Originally posted by Silverchair: ↑

Yes, why not market sensitive? Just a quick search below comes up with 4 concrete examples of Orphan Drug Designation being granted and EACH ONE IS MARKET SENSITIVE as marked by the ASX. I could go on because there are plenty more but why the inconsistency. So what does Orphan Drug status do, it usually means tax credits for trials, a market exclusive period and less or no fees throughout the drug approval process.

Mesoblast MSB 15/02/24, Neuren NEU 3/9/21, Noxopharm NOX 4/10/23, Argenica AGN 15/11/23 All market sensitive but not CUV 29/4/24?

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Maybe it's because of how many ODD's CUV gets, it's become normal for these guys

CUV Price at posting: $14.74 Sentiment: Buy Disclosure: Held
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Last $15.40		Change 0.380(2.53%)		Mkt cap ! $771.5M

Open	High	Low	Value	Volume
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Price($)	Vol.	No.
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15.440	2894	1
15.450	16	1
15.460	100	1
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15.500	2000	2

Last trade - 16.10pm 23/05/2024 (20 minute delay)


Last $15.41			Change 0.380 ( 2.36 %)
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Last updated 15.59pm 23/05/2024 ?

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