IXC 0.00% 8.6¢ invex therapeutics ltd

Fundamental Analysis Discussion Only (IXC Thread), page-36

  1. 397 Posts.
    lightbulb Created with Sketch. 53
    Agree. IMO, they'll sell the asset post this P3 read-out. I don't see any point raising funding to conduct another P3 trial themselves to satisfy the FDA. They should be able to attract a decent offer before then. The buyer can take the asset to market in UK/Europe, generate substantial revenue, and potentially use some of those funds to cover the P3 FDA-targeting trial. Plus, there is a paediatric IIH indication to pursue (this will be expedited with positive P3 EMA result) and at least one other adult indication to pursue. The good news is that even if they don't sell the asset post this P3 read-out, then we still have a revenue generating product with a > $1B TAM in UK/Europe - with one adult indication.
 
watchlist Created with Sketch. Add IXC (ASX) to my watchlist
(20min delay)
Last
8.6¢
Change
0.000(0.00%)
Mkt cap ! $6.463M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 125000 8.2¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 5755 1
View Market Depth
Last trade - 16.12pm 15/10/2024 (20 minute delay) ?
IXC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.