DXB 1.92% 38.3¢ dimerix limited

A positive interim readout will be much higher than 50c. - Only...

  1. Eqz
    3,437 Posts.
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    A positive interim readout will be much higher than 50c.

    1. - Only drug in Phase 3 study for FSGS after sparsentan failure
    2. - Different mechanism of action than sparsentan
    3. - Placebo-controlled study design
    4. - FSGS leads to kidney failure, dialysis, or transplant - There are NO approved drugs specifically for FSGS
    5. - High recurrence rate in transplanted kidneys
    6. - Increased licensing partner interest,
    7. - Estimated FSGS market of over $3 billion per annum by 2030 - Attractive market in seven major markets - Large unmet need in China
    8. - Patent applications in progress in key jurisdictions
    9. - Exclusivity for DMX-200 until at least 2036
    10. - Received Orphan Drug Designation with the FDA, EMA, and UK, allowing potential fast-track commercialisation if successful.

    https://hotcopper.com.au/data/attachments/5848/5848711-9295a285e4d1cc562373622b9896d096.jpg


    To quote Nina verbatim from shareholders webinar 04/05/23:

    "Dimerix has no plans to take the drug to market itself, and we will ultimately commercialize with a partner. Our preference is to work with partners that have strong sales and marketing infrastructure and experience. We have received a significant amount of interest from global pharma companies since we started our Phase 3 trial."

    Advanz pharma offering > $220M in milestone payments alone just for EU, Canada and ANZ!
    Significant unmet need in the US and China markets.
 
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