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Primary Symbol: T.DC.A Alternate Symbol(s): DNDPF | DDEJF | T.DC.PR.B | DNDEF

Dundee Corporation is a Canada-based holding company. Through its operating segments, the Company is a mining- focused investor primarily engaged in acquiring mineral resource assets. Its segments include Corporate and Other Portfolio Holdings; Goodman & Company, Investment Counsel Inc.; Dundee Sustainable Technologies Inc.; United Hydrocarbon International Corp., and Dundee 360 Real Estate... see more

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Dundee Corp > TauRx submits UK marketing authorisation application

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Post by Catscratch on Jul 01, 2024 10:51am

TauRx submits UK marketing authorisation application

New press release on TauRx website.

https://taurx.com/news-insights/taurx-submits-uk-marketing-authorisation-application-for-hmtm-as-a-treatment-for-alzheimers-disease

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Comment by pierrelebel on Jul 01, 2024 9:51pm

Taking a look at Genting, owner of 20%+ of TauRx, their shares are basically unchanged in Malaysia. From discussion boards in Asia, folks seem unimpressed: "UK MHRA's final decision on CA is unlikely to be within 2024. We still have to file in more submissions which will take abt 5 to 6 months to complete it, followed by another 6 to 9 months for the regulator's final decision. FDA ...more

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Comment by Catscratch on Jul 02, 2024 11:10am

I'm not sure on timeline from here. But if they get a response in 3 months or 1 year its all fairly nearterm. I believe there has been a lot of meetings and communication with the regulator and advisors leading up to this submission. So presumably they don't go ahead unless they see a clear path toward approval. The comments on India and generics is BS. Tons of ...more

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Comment by TheCount11 on Jul 02, 2024 10:17am

Am I the only one concerned that Dundee will fumble the ball one the 1 yard line? I find it sad that Dundee management does not seem to know or value what they own. I could see someone who is better informed make a low ball offer for Dundee TauRx if they know the drug is near approval. Company has been in Tau for a decade. UK approval is right around the corner. Would love to see ...more

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Comment by Catscratch on Jul 02, 2024 10:58am

I share the same concern. It makes sense to wait until the approval decision. With approval my guess is TauRx will sell to a larger/global drug company or pursue an IPO.

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Comment by TheCount11 on Jul 03, 2024 8:41am

Ideally IPO to realize the full value. I get the feeling people don't realize the size of the market vs treatment options. I think if investors compared it to the cardio market they would get a sense. Dundee is sitting on the biggest goldmine but doesn't have the patience to wait another year yet will invest in a jr miner that will take 5 - 8 years?!

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Comment by Catscratch on Jul 03, 2024 11:24am

I saw a post on the Genting boards that approval in the UAE will come before UK. And likely this year. UAE is not a massive market but if/when the dominos start to fall...

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