NEU 3.15% $21.27 neuren pharmaceuticals limited

Neuren AGM 30th May, page-72

  1. 870 Posts.
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    Got the calculator out to estimate NEU's royalties but it wasn't big enough. Going straight to our bottom line Acadia estimate between 4,500 and 10,000 clients for Daybue @ us$375,000 each.pa.

    That's not quite right Jummy. There are between 4500 and 10,000 suffering from Retts. With gaps in insurance cover, side effects, withdrawal from treatment, non-diagnosis and any other unique person circumstance I'd say Acadia who be absolutely delighted (and us too) if they secured 1500 permanent long term clients.

    Even on that basis the return to NEU is substantial from the USA only, and probably justifies a price in the mid to high $20, and that's not counting Canada and Mexico patients ACadia might access and the entire Rest of the World via our TBA partners.
 
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