“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
9.2¢ |
Change
0.002(2.22%) |
Mkt cap ! $82.94M | |||
| Open | High | Low | Value | Volume |
| 8.9¢ | 9.2¢ | 8.8¢ | $69.71K | 769.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35742 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 84100 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
9.2¢ |
Change
0.002 ( 3.37 %) |
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| Open | High | Low | Volume | ||
| 8.9¢ | 9.2¢ | 8.8¢ | 138646 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PER (ASX) Chart |