PYC 2.44% 20.0¢ pyc therapeutics limited

Another breakout, page-7

  1. 1,529 Posts.
    lightbulb Created with Sketch. 2103
    How do you arrive at a fair valuation of up to $400m for a company without any drugs in a clinical program? One other peptide company, well known to the forum, provides a point of comparison. Peptidream was back in the news last week with the announcement of its latest billion-dollar drug discovery deal. Yet, for all the deals and all the hype about macrocyclics and constrained peptides, Peptidream has just one candidate that has advanced into Phase 1 clinical trials.

    The company with a market cap of US$2.7B is more-or-less just a large library of peptides with a peptide discovery platform system.
 
watchlist Created with Sketch. Add PYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.