what the broker likes:
1. Fast path to market. Formerly a Johnson & Johnson (J&J) developmental cancer drug, ISLA-101 has been through 48x Phase I and II clinical trials before being re-purposed - verified safe in humans by multiple regulators (including the FDA, twice)
2. Strong initial efficacy data. Promising results in human and animal studies for dengue, Zika & other viruses.
3. Very large target market. ~390m humans are infected with dengue fever alone each year (up to 50% with no symptoms) – significant revenue potential
4. Eligible for a Priority Review Voucher (PRV) for each of dengue, Zika and Chikungunya (= 3x “shots on goal”) – average sale price of a PRV ~US$100m; up to US$350m (not reflected in Island IPO valuation)
5. IPO valuation of $12.5m (pre-money) vs list peer mkt caps of:Anti-virals: Starpharma ($590m), Biotron ($57m)Re-purposed drugs: Paradigm Biopharmaceuticals ($541m), PharmAust ($32m), Race Oncology ($240m)PRV-eligible drugs: Kazia Therapeutics ($170m), Race Oncology ($240m)
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Last
6.5¢ |
Change
-0.001(1.52%) |
Mkt cap ! $7.445M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.5¢ | $37.52K | 555.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 50000 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.0¢ | 75000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 50000 | 0.061 |
1 | 368593 | 0.060 |
1 | 62037 | 0.059 |
1 | 100000 | 0.058 |
1 | 17000 | 0.054 |
Price($) | Vol. | No. |
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0.070 | 75000 | 1 |
0.079 | 145270 | 1 |
0.080 | 196424 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 15.48pm 04/06/2024 (20 minute delay) ? |
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Last
6.7¢ |
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Change
-0.001 ( 1.47 %) |
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Open | High | Low | Volume | ||
6.6¢ | 6.7¢ | 6.5¢ | 68077 | ||
Last updated 15.49pm 04/06/2024 ? |
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