KZA
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0.00% 8.0¢ kazia therapeutics limited

rrooddIMOAgree multiple drugs in pipeline is essential Buying...

  1. Merchant2000
    20,920 Posts.
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    24/07/19
    09:11
    Post #: 39662079
    rroodd

    IMO
    Agree multiple drugs in pipeline is essential

    Buying GDC0084 from Genentech and being responsible for all expenditure since 2016 was never going to work for a nano biotech

    Current situation

    Cantrixil requires a partner and GDC0084 requires up to $20m for phase 11b alone

    After Anisina failed they were left with Cantrixil only and imo had no choice in buying a drug that is well beyond their capabilities financially

    Look at the facts - The price at the reverse split was 40c and today years on the highest bid is 39c

    DYOR
    KZA Price at posting: 41.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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