I think the company is in the best position ever due to the following reasons .
1. The company has been largely derisked due to the great Phase 3 results .
2. The NDA should be lodged within the next 2 months .Had 2 discussions with fda re NDA already .
3. Milestone due to be paid by Acadia once the fda accepts the NDA lodgement .First milestone $10 mill US .
4. Plenty of cash over $30 mill .
5. Phase 2 trials for NNZ2591 commencing at end of this month .
6. Rest of world for trofinetide in progress .I believe a Melbourne Cup field of interested parties .
8. Acadia very keen to get trofinetide to market as other potential drugs they have are having some issues .
9. I believe finally that large pharmas are starting to put Neu on their radar .
I think we are in for a very interesting next 3 to 6 months !!
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Open | High | Low | Value | Volume |
$16.94 | $17.02 | $16.66 | $1.851M | 109.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 53 | $16.74 |
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Price($) | Vol. | No. |
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$16.76 | 440 | 6 |
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No. | Vol. | Price($) |
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6 | 400 | 16.740 |
5 | 672 | 16.730 |
5 | 562 | 16.720 |
5 | 609 | 16.710 |
7 | 16369 | 16.700 |
Price($) | Vol. | No. |
---|---|---|
16.770 | 125 | 2 |
16.780 | 837 | 11 |
16.790 | 671 | 7 |
16.800 | 492 | 3 |
16.810 | 514 | 3 |
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Michael Thurn, CEO & MD
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