DXB 1.37% 37.0¢ dimerix limited

BT6487 - you are getting your trials mixed up. It was the FSGS...

  1. 13,509 Posts.
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    BT6487 - you are getting your trials mixed up.

    It was the FSGS Phase 2a result that shot the share price from 38c to a high of 77c which was then torn down by the DKD Phase 2 results.

    On-going understanding of the positive FSGS Phase 2a was then lost in the 'noise' of the reaction to the DKD results just 6 weeks later. Illogically, the FSGS trial got tarnished with the same brush.

    The March interim reading is ONLY to do with the so-far positive FSGS trial - not the so-far neutral DKD trial.

    This confusion over the trials is why DXB has been such a great opportunity.

    I expect an even bigger response with a positive outcome for Phase 3 than was experienced with the Phase 2a - partly because it is from a much lower base (than the 38c immediately prior to the Phase 2a results announcement).
    Last edited by vintage: 01/02/24
 
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