There seems to be this wide misconception amongst retail...

  1. 4,509 Posts.
    lightbulb Created with Sketch. 4664
    There seems to be this wide misconception amongst retail investors that new pharmaceutical treatments = massive production costs, probably thanks to the cell and gene therapies that have emerged the last decade. As I'm sure you are aware; the cost to produce RC220 pales in comparison.

    This is important for two reasons:

    • Our current trial design (in combination with a generic) is incredibly cheap relative to other drug development biotech's basket trials in combination with non-generics.
    • The Triangle report includes an indicative market price of RC220 at ~US$60k/patient. That's great when your gross margin is ~US$59k - not so much if it were ~US$1k.

    There's been a few novice retail investors appear on this board and assert that "you can't run a trial for the cash RAC has on hand"... So I am not sure why ensuring existing and potential investors are aware of the above is "dumb"?

    Note that there seems to be a bit of excitement re the possibility for Zan + PD1 in the near future (especially after the recent interview with Simon). That would be incredibly expensive and we'd need a partner or massive raise to cover the cost of the PD1. Noting that Astex have agreed to free-issue decitabine if we can ever manage to get that trial off the ground...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.20
Change
-0.040(3.23%)
Mkt cap ! $208.4M
Open High Low Value Volume
$1.24 $1.24 $1.20 $103.7K 85.92K

Buyers (Bids)

No. Vol. Price($)
4 12091 $1.20
 

Sellers (Offers)

Price($) Vol. No.
$1.22 9720 1
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
RAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.