“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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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $94.66M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.8¢ | $49.85K | 497.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101000 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 282099 | 4 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| PER (ASX) Chart |