Just reading through the DB Healthcare Conference announcement and noticed that 318,000 women per year are diagnosed with ovarian cancer, so I thought Id do some rough calculations as to what that might mean for Prima's future revenue:
Dendreon charge roughly $80,000 if Im not mistaken?
So...if we capture 10% of the market (31,800 women), and charge only $1,000...that equals $31,800,000 gross revenue.
10% market @ $20,000 = $636,000,000 gross revenue
Lets dream a little and imagine:
30% market @ $50,000 = $4,770,000,000 gross revenue
Not bad for a 35c stock with a mc of around $300 million!!!
Then in the announcement they throw this little gem in:
"The Company?s broader, long term goal is to develop commercial cancer treatment technologies
and programs for global markets"
BRING ON NASDAQ LISTING!!!! THE YANKS WILL GET IT.
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