SBP solbec pharmaceuticals limited

It averages about US $800 million to get a new drug to market...

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    It averages about US $800 million to get a new drug to market with FDA in the USA so in most cases a partnership is needed for these small companies with a company like Pfizer
    about 8% of drugs going into phase 1 end up finally going to market
    SBPs drup has good efficacy (ie treatment results are excellent especially since it was given to terminally ill patients in late stage of cancer and put them in remission) problem is it was only used on very few pateints so the results could be highly variable so need s testing on a larger population base possibly for phase 2b prior to going to phase 3
    good luck marks
    I hold from .084

 
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Currently unlisted public company.

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