GREY:ICOTF - Post by User
Comment by
Alba1314on Aug 30, 2018 8:48am
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Post# 28541268
RE:Perfect Storm
RE:Perfect StormI think's an interesting and plausible idea that iCo could be bought out but I disagree with the $500M. Yes, the market for Amp B is a billion dollar market, but it's only made it passed Phase I. I'm not discounting the success, but no company is going to pay $500M for anb 8M company, regardless of the potential. That's a lot to lose. I could see $30-40M.
Take a look at the history of Cynapsus Therapeutics. They had great success reformulating a Parkinson's Disease drug. They were bought out for 3x the market share price at the time during Phase III trials.
Thanks for the post!