It's been discussed in previous discussions. For example, the average success rate at Phase 1 less than 10% but above 60% at Phase 3 (much higher due to confirmed safety and confirmed efficacy, albeit in a small, non- statistically significant sample).
The Advanz deal adds confidence re due diligence of Phase 2a and other matters.
If success was 100% likely, the SP would be above $1 now. Current price is an attractive risk-reward situation.
Dimerix (ASX: DXB) Discussion Thread, page-198
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Mkt cap ! $305.1M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 58.5¢ | 54.0¢ | $3.231M | 5.779M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1118 | 55.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 239062 | 1 |
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