Breakout?, page-47

Found your previous post.....


Ok moving along to Dr Cohen and the main reason for this presentation and my attendance. Firstly i must say having someone of his quality and enthusiasm for drug development especially in the field of IGF and its importance in disease is a big plus for ANP. He explained the role that ATL1103 will play in both the treatment of acromegaly and the possibilities of its use in cancer and other diseases like diabetic retinopathy and nephropathy. He said ATL1103 could be a serious blockbuster drug and would be a dominant player in the acromegaly market which is a 1.5 billion $$ market. He talked about how IGF levels plays a big part in diseases such as cancer and that this could be seen in a 20 year study done on dwarfism subjects where these subjects had no cancers what so ever or diabetes due to low IGF levels. On the other hand acromegaly sufferers have high levels of IGF. He also stated that even being a taller person gives more chance of cancers due to higher IGF levels. a past study on healthy people over 10 years found that those with higher IGH levels developed more cancer then those with lower IGF levels over that 10 year study. So to summarise ATL1103 can lower IGF levels and the possibilities for the drug a numerous and led Dr Cohen to believe that this will unlock huge value for ANP and its stockholders.

Anyway that is my take on the presentation and i could probably write an essay but i guess all out there can listen on the webcast and make their own minds up. Im convinced ANP is on the way to huge things. Once the SPP and tranche 2 are up we will have news flow and this will head back in the right direction.