"After this failure Lederle were faced with running a new large and expensive Phase III trial just when their parent company ran out of money. All rather unlucky."
...But lucky for Race Oncology.
Allows Race to build upon past trials as if Race had completed the trials themselves. And potentially allows faster FDA approval via the 502 pathway!
Also, as Dr T has mentioned in a recent interview, these historical trials would cost about 500M to repeat, and we are effectively inheriting them all for free.
IMO , all that considered, the market cap is only 275M, this is well undwrvalued.
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- Q&A. If bisantrene was such a good drug why was it abandoned?
Q&A. If bisantrene was such a good drug why was it abandoned?, page-5
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Last
$1.47 |
Change
-0.055(3.61%) |
Mkt cap ! $250.5M |
Open | High | Low | Value | Volume |
$1.53 | $1.58 | $1.46 | $143.9K | 96.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 230 | $1.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.48 | 550 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 230 | 1.465 |
1 | 410 | 1.460 |
3 | 46800 | 1.450 |
2 | 25548 | 1.440 |
1 | 2046 | 1.420 |
Price($) | Vol. | No. |
---|---|---|
1.480 | 550 | 1 |
1.490 | 2470 | 1 |
1.535 | 2456 | 2 |
1.570 | 37690 | 1 |
1.575 | 2000 | 1 |
Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
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Charles Armstrong, MD & CEO
Charles Armstrong
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