BOT 0.00% 32.0¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-11144

  1. 335 Posts.
    lightbulb Created with Sketch. 152
    Did some calcs and some reading. Feel free to add or correct.

    So... Vince sold Anacor to Pfizer for 5.2 billion $USD in Jun 2016, which was for an eczema gel that reached phase 3.

    Taking a USD inflation calculator, this is 6.82 billion $USD in today's value.

    If Vince meets this previous achievement (not even beat it right), noting we got 1.81 billion shares on issue, this is a SP of $3.77 USD or $5.61 AUD for BOT.

    We don't have a phase 3 drug; we got better. We got an FDA approved drug. Imagine what that means for BOT's future.




 
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