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I will call it conservative if the trials are successful and...

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    lightbulb Created with Sketch. 71
    I will call it conservative if the trials are successful and they publish a good statistical outcome.

    In any case I agree 3 x Phase 2 successful result is a fair estimate for these market conditions.
    However given the potential and that there aren't many direct competitors the MC should be sitting a lot higher than $120M

 
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