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$20.50 neuren pharmaceuticals limited

I just know that many institutions avoid investing in companies...

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Jpow

19 Posts.

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26/07/24

10:10

Post #: 74927006
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Originally posted by htae39: ↑

I agree that is probably isn't a 'rort', but I find it strange how high the standards are here compared to the rest of the market.

Daybue is going to generate over half a billion dollars (in AU terms) in its first full year in a single country/market. It is the only approved drug and there is nothing immediately on the horizon. The part that isn't proven if this is 2-3bn peak sales drug, or if it's 1bn peak sales drug. We're not being valued at owning 10-15% + milestones on a 1bn peak sales drug, let alone more than that.

2591 has risk and needs to through more clinical trials but the results to date re-risk the asset significantly. We've been able to show the results that were so promising in animal models in Humans with stronger signals and improved safety compared to a drug which ultimately got approved. Best of all we're funded to do this ourselves (at least for a few indications).

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I just know that many institutions avoid investing in companies without a proven track record which might assist in explaining reduced relative volume.

NEU Price at posting: $20.28 Sentiment: Buy Disclosure: Held
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