Panic selling, herd mentality, lack of investor patience. Every individual or institution has there own reasons for selling. However, sanity will prevail....just not sure when. Yes the results at first glance do not appear to be world shattering but for goodness sake take a look at the facts.
Both Big Pharmas Abbott and Roche make hundreds of millions of US dollars each year marketing their own obestity drugs Meridia and Xenical respectively.
These products show very similar weight loss results to Metabolic. One Meridia study showed that on a calorie controlled diet for 12 months, the average weight loss was 4.5 kg on a 10mg daily dose and 6.3 kg on a 15mg dose. Wow!!??
Meridia and Xenical combined side effects are: dry mouth, constipation, insomnia, headache, increased sweating, increased blood pressure, incresaed heart rate, heart palpitation, dizziness, diarrhea, psychotic episodes in rare cases, hives, impotence and hairloss.
So consider that AOD9604 if commercialised should provide for greater margins (dollars) with approx 1mg dose, possibly no unwanted side effects and approx same possibly greater long term weight loss.
All the above information is straight off the Websites of Meridia and Xenical.
Sanity will prevail.
- Forums
- ASX - By Stock
- MBP
- sanity will prevail
sanity will prevail
-
- There are more pages in this discussion • 21 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 MBP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online