Hopefully Dr T is busy getting all the ducks lined up for these trials.
An estimate of $100m - $200m is pretty large, so I'm assuming there is no way of knowing the exact amount. But the value is in the 40 clinical trials. Not so much how much it costs to do the trials. For instance, Path 3 should only cost around $5m to fund, however it almost guarantees a PRV once it's started. And I believe Path 1 will cost even less. So in these instances the cost of the trial is trivial really.
.. on a side note, I was surprised to see the SP go down after lunch. Does anyone know how to see if the transactions are buys or sells using CommSec? I just look at the course of sales, but it's difficult to then work out how much was bought or sold as it's done over multiple transactions. Any guidance would be appreciated.
Cheers
General Comments / Chat, page-22
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