CUV 0.71% $14.09 clinuvel pharmaceuticals limited

Matt,Thanks for the delivery.One broker says this:"The Phase III...

  1. 22,691 Posts.
    Matt,

    Thanks for the delivery.
    One broker says this:

    "The Phase III trials, approvals process and completion
    of work on a sustained-delivery mechanism will
    require additional capital.

    The company’s preferred course of action is to strike a royalty deal with one of the world’s major pharmaceutical companies.

    Based on past experience with bringing new drugs to
    market, capital of at least A$25-30 million may be
    required to bring Melanotan into commercial
    production".
    ___________________________

    I concur with his thinking.
    What the royalty deal could be, I don't know. Just now the delivery studies have not yet been completed. There will be a lot of negotiation to do including who is to manufacture the compound.

    The Melanotan supply to the world will be a staged one and will take some time.

    Nevertheless you have illustrated that EPT's drug Melanotan could be a very valuable one:

    http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=48136#118508

    http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=49946#124072


    Gerry
 
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