NEU 0.26% $15.57 neuren pharmaceuticals limited

I can’t see the benefits of Acadia buying out Trof now. If I...

  1. 2,600 Posts.
    lightbulb Created with Sketch. 412
    I can’t see the benefits of Acadia buying out Trof now. If I were them I’d be more interested channeling monies to 2591, the superior molecule.

    They wouldn’t recover $1 billion for 10 years or so, and by that time the benefits of orphan drug designation and patent protection is pretty much gone.

    The only benefit I’d see is for NEU - get extra cash and also potentially cutting any future ties with future drug development.
 
watchlist Created with Sketch. Add NEU (ASX) to my watchlist
(20min delay)
Last
$15.57
Change
-0.040(0.26%)
Mkt cap ! $1.990B
Open High Low Value Volume
$15.83 $15.87 $15.20 $8.124M 524.8K

Buyers (Bids)

No. Vol. Price($)
1 64 $15.49
 

Sellers (Offers)

Price($) Vol. No.
$15.58 597 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
NEU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.