While some have argued that Benitec is too immature in its clinical/commercial pathway to command a high market cap, no-one told AveXis that story. In a tale that we all hoped that we could tell about Benitec, AveXis, which IPO'ed six months ago based on a Pl study, now has almost reached a $1B valuation.
How does that ad for super go? "Compare the pair" or something like that.
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- Pl GT company commands circa $1B MC
Pl GT company commands circa $1B MC
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