Robbie here is the note from Morgans
Paradigm Bio.
Off the fence and back to a Reduce
PAR has announced it has finally received clearance from the US FDA for its
major trial for knee osteoarthritis. The announcement comes after a large
number of additional non-clinical studies and resubmissions to the FDA were
required in order to satisfy a number of concerns held around toxicology,
pharmacokinetics, and minimally effective dosage rates. The news comes as a
relief for shareholders which has seen the share price deteriorate significantly
over the last 12-18 months. However, looking forward we expect an update on
trial cost and timeline revisions to temper the relief rally and highlight increased
capital requirements. We make no changes to our long-term assumptions and
see risk to consensus expectations versus our view of narrower marketability,
higher competition, higher capital requirements, and IP concerns.
- Forums
- ASX - By Stock
- PAR
- research reports and media
research reports and media, page-2156
-
- There are more pages in this discussion • 2,273 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAR (ASX) to my watchlist
|
|||||
Last
25.0¢ |
Change
0.005(2.04%) |
Mkt cap ! $85.80M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 25.0¢ | $10.49K | 41.96K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 61776 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 4587 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 61776 | 0.245 |
4 | 73592 | 0.240 |
4 | 45113 | 0.235 |
9 | 120349 | 0.230 |
7 | 81922 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 4587 | 3 |
0.255 | 40173 | 5 |
0.260 | 6919 | 2 |
0.265 | 23070 | 2 |
0.270 | 19081 | 2 |
Last trade - 10.10am 12/09/2024 (20 minute delay) ? |
Featured News
PAR (ASX) Chart |