Some back of the envelope figures
Initial numbers taken from bioshares report
2.3 million MS sufferers worldwide. 30% go on to develop SPMS (drug target) so that means maximum market for the drug around 700000.
Minimum treatment cost 60000 USD per year say roughly 80000 ASD pa
Say only 30% can take this up on their own cost, health insurance or government subsidy then 210000 will use drug.
60000 X 210000 = 12.6 billion USD
Please check my numbers as the many 0s can be confusing. Also 30% uptake may not be conservative enough but even 10% uptake is 4.2 billion say 5.7 billion AUD
Regards
Chris
- Forums
- ASX - By Stock
- Value of IIL if results are good
Some back of the envelope figures Initial numbers taken from...
-
- There are more pages in this discussion • 3 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 ATX (ASX) to my watchlist
|
|||||
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $37.01M |
Open | High | Low | Value | Volume |
14.0¢ | 14.3¢ | 13.5¢ | $140.4K | 1.013M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 105799 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 140789 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 105799 | 0.130 |
4 | 377518 | 0.125 |
4 | 940001 | 0.120 |
2 | 1050000 | 0.115 |
3 | 119000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 140789 | 1 |
0.145 | 70000 | 2 |
0.150 | 409384 | 8 |
0.155 | 368693 | 2 |
0.160 | 152500 | 3 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
ATX (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online