NEU 15.1% $16.57 neuren pharmaceuticals limited

Hi Potstock, Governments normally pay for the treatment. The...

  1. 11,727 Posts.
    lightbulb Created with Sketch. 1697
    Hi Potstock,

    Governments normally pay for the treatment.

    The reason the price is so high is because companies didn't bother trying to produce treatments for rare diseases because it wasn't worth it, as the market was so small and the costs involved in research and trials made it completely non cost effective.

    So the US government brought out the likes of the orphan drug bill, so that companies could charge a lot for these drugs, and that would make it financially viable.
    Last edited by supertramp: 10/05/19
 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$16.57
Change
2.170(15.1%)
Mkt cap ! $2.117B
Open High Low Value Volume
$14.85 $16.67 $14.60 $24.77M 1.544M

Buyers (Bids)

No. Vol. Price($)
1 1500 $16.52
 

Sellers (Offers)

Price($) Vol. No.
$16.57 1717 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.