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3.8¢ neuroscientific biopharmaceuticals ltd

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TerribleTadpole

5,066 Posts.

2458

08/06/20

12:24

Post #: 45093308
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Originally posted by Ahmed: ↑

Afnanny,

1. About 80M shares on issue.

2. Yes- Directors have equity and are strongly committed to the Company

3. After successful human trials, it typically takes around 12 months to obtain marketing approval. Following this, the drug will be launched into the market within 3-6 months. a number of trials are required to obtain approval and this process will take a few years.
However, it is most likely the drug will be licensed to a Pharma partner following positive data in a Phase 2a study. Of course, it could even be partnered following phase 1 (which will compete in 2021) or later after phase 2b if the company prefers to develop it further and take a bigger share on signing the licensing deal.

Certainly has a lot of potential upside...

Expand

I would also add that on 20-Apr-2020 the company announce that they had entered into a manufacturing agreement with Mitsubishi to have the drug manufactured by PeptiStar.

So there's one more piece of the puzzle that's already in place.

NSB Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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Last 3.8¢		Change 0.001(2.70%)		Mkt cap ! $5.494M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.8¢	$4.303K	113.2K

Buyers (Bids)

No.	Vol.	Price($)
1	200000	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	175000	1

View Market Depth

No.	Vol.	Price($)
1	200000	0.037
1	40951	0.036
1	500000	0.035
1	100000	0.034
3	160000	0.033

Price($)	Vol.	No.
0.039	175000	1
0.040	35801	1
0.041	200000	1
0.043	40000	1
0.045	45000	2

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