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0.4¢ alterity therapeutics limited

Agh, thanks for the clarification.Readouts will be good.

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Scottsmyname

905 Posts.

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26/08/24

11:14

Post #: 75371818
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Originally posted by RebekahChambers: ↑

My understanding is that you've already listed the benefits. Tax credits, user fee reductions and 7-10 years of market exclusivity. From the FDA website.....

Sponsors seeking orphan drug designation for a drug must submit a request for designation to the agency. Sponsors requesting designation of the same drug for the same rare disease or condition as a previously designated product must submit their own data and information to support their designation request. Orphan drug designation is a separate process from seeking approval or licensing. Drugs for rare diseases go through the same rigorous scientific review process as any other drug for approval or licensing.

So, assuming phase 2 is successful for the -201 trial (as defined by the FDA), then expect phase 3 trials. Years of patient waiting to come with the share price languishing in the doldrums, with the obvious exception of the spike if the data readout in Jan '25 is impressive.

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Agh, thanks for the clarification.

Readouts will be good.

ATH Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.001(33.3%)		Mkt cap ! $21.28M

Open	High	Low	Value	Volume
0.3¢	0.4¢	0.3¢	$5.491K	1.520M

Buyers (Bids)

No.	Vol.	Price($)
39	50987030	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	126437200	27

View Market Depth

No.	Vol.	Price($)
39	50987030	0.003
56	89498098	0.002
25	120860100	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	126437200	27
0.005	29143782	28
0.006	12098927	17
0.007	47601651	22
0.008	22833132	23

Last trade - 16.10pm 27/08/2024 (20 minute delay)

ATH (ASX) Chart

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