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$18.77 neuren pharmaceuticals limited

Neuren Media and Analyst Coverage, page-9

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Potstock88

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13/12/21

16:42

Post #: 58261771
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Originally posted by hottod: ↑

I think that MST Access is more likely to be right on this, as it was engaged by Neuren. MST states that the ACAD agreement includes “payments over CY22/23 on FDA approval and market entry”.

Also, in the results conference last week, Jon Pilcher talked about expected payments based on the assumption that the FDA approves trofinetide and that the product is launched.

It’s possible that NDA filing will trigger a payment, but it looks likely that the first payment will be due on FDA approval which, if all goes well, could be next November or December.

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Hi hottod. I refer you to the webcast where JP is speaking. He makes it quite clear that the first milestone payment will be in early 2022.

NEU Price at posting: $4.01 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $18.77		Change -0.430(2.24%)		Mkt cap ! $2.451B

Open	High	Low	Value	Volume
$18.76	$18.95	$18.71	$516.3K	27.43K

Buyers (Bids)

No.	Vol.	Price($)
4	245	$18.76

Sellers (Offers)

Price($)	Vol.	No.
$18.80	160	4

View Market Depth

No.	Vol.	Price($)
5	4209	18.820
3	85	18.810
4	87	18.800
2	105	18.790
2	105	18.780

Price($)	Vol.	No.
18.870	178	6
18.880	45	2
18.890	43	2
18.900	2905	4
18.910	105	2

Last trade - 10.16am 01/05/2024 (20 minute delay)


Last $18.98			Change -0.430 ( 1.46 %)
Open	High		Low	Volume
$18.80	$18.98		$18.73	11081
Last updated 10.37am 01/05/2024 ?

NEU (ASX) Chart