Development Neuren Pharmaceuticals (NEU-ASX) | Speculative Buy | Valuation: AUD7.70This is a key result in line with our research thesis.Trofinetide (formerly NNZ-2566) is Neuren’s primary asset and has been exclusively licensed to Acadia Pharmaceuticals (NASDAQ:ACAD) for North America. Today Acadia announced a robustly positive Phase 3 clinical trial outcome.This result derisks NEU and adds ~40% to our valuation at initiation.
Development Neuren Pharmaceuticals (NEU-ASX) | Speculative Buy |...
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Last
$15.14 |
Change
-0.130(0.85%) |
Mkt cap ! $1.935B | |||
| Open | High | Low | Value | Volume |
| $15.38 | $15.47 | $14.93 | $7.335M | 485.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7079 | $15.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.17 | 3189 | 3 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| NEU (ASX) Chart |