PAA 0.00% 19.5¢ pharmaust limited

Hi Peeteepoo with respect,You have forgotten MPL being accepted...

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    Hi Peeteepoo with respect,

    You have forgotten MPL being accepted by the FDA into the " Orphan drug status".

    June 2 2021 Announcement. You won't find it in the Company Website. You will have to find it elsewhere. Maybe go through your "comsec" *nab*.

    But , in precis it depends on certain laboratories gaining access to the MND/MPL results.

    Orphan drug means extended patent runways and huge tax incentives by the USA Government for up to 7 years.

    There is also significant credits given by the Australian Government , though our drug will go offshore in probability.

    There has been a handful of drugs given this exclusivity to Australian Companies in the last ten years.

 
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