I’m still extremely bullish on the big numbers. The prospects of a blockbuster buyout (anything in excess of $50 per share in my opinion) are tied to comprehensive data. That data needs to demonstrate wide application, improvement in combination - and a worldwide addressable market that proves the dosage demands and value per patient.
I truly think (and always have) that bisantrene will prove to be the next Keytruda.
DT and the BOD are working towards as much valuable and broad data as possible - as quickly as possible.
Gun to my head, I think we should achieve US$13-21bn or more - or about 2-4x the conservative Triangle Report, if we have the data to back it up. This would still be a bargain for BP even at the top end of that price range.
I’m still extremely bullish on the big numbers. The prospects of...
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