“How much does a Phase 2 molecule cost? • A Phase 2 molecule is worth $249M and it costs $74M to get to Phase 2.
A Phase 3 molecule is worth $1.1B and it costs $154M to get to that point. Unless you can generate high-quality hits or leads very quickly and cheaply, you're better off taking drugs to the clinic yourselves rather than partnering too early.”
As mention d earlier many times
Anp is grossly undervalued $$
and if there is a takeover offer
Expect north of $1.50
Ann: Shareholder Newsletter, page-96
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Mkt cap ! $80.86M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 4 | 589756 | 7.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 7.9¢ | 1050000 | 3 |
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