IMM 0.00% 29.5¢ immutep limited

high expectations on dendreon fda decision

  1. 1,770 Posts.
    I have gone along with the popular belief that a positive FDA decision for Dendreon will result in a share price rerating for Prima.

    However, will this in fact be the case?

    Perhaps the only thing that will cause a re-rating of the PRR share price will be more boxes being ticked on the way to commercialisation.

    E.g.,
    Orphan status decision/s.
    Trials progress reports.
    Takeover interest.
    Nasdaq listing.

    I am preparing myself for the possibility that the Dendreon FDA decision will not have any impact on PRR -either way. If it was going to, it should have done so already. Afterall, the speculation of a positive decision for Dendreon has been going on and on for several months and has been reflected in an increasing share price. Not so with Prima.

 
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