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Protox Therapeutics Inc T.PRX



TSX:PRX - Post by User

Comment by nickv2007on Jan 09, 2010 7:02pm
280 Views
Post# 16659946

RE: RE: Just thinking out loud

RE: RE: Just thinking out loudThanks for all this info Cabbie
This really helped a lot

> 4. Under the assumption in #2, $25,000 per patient will be more than enough.

The estimate for our trials was $50,000-$100,000 per patient but that included in-house costs.  Is the $25,000 only for the CRO?

> 5. The open label dosing (the same dosage level as P2b) follow up suggests that one a year dosing will be the
> labelling objective.  It may last longer, but testing will be required.  I believe that P2b may have that parameter
> (reference Sanduf-reported follow up at month 9).

GREAT NEWS !!!  Once a year or greater is so important for it to gain market share.

> 7 Further financing, if required for P3, will not be at $1.00 imho.  The level that PRX trades after the NR will be a
> better guide to pricing for any required financing.  With a postitive NR ( next week, we all hope) I believe we will see > the sp in the $1.50 range, maybe higher as now there are fewer competitive new products with the demise
> of Aeterna Zentaris' BPH candidate.

$1.50 sounds reasonable but after 10 years at a biotech I've learned to wait for the proof.  :)  but I do think we're going to $1.50 when the NR comes out with a probable intra-day spike of $2.

> 8. If P3 is successful, I do not believe they will need to finance marketing...there will be a licencing deal.

That sounds like a logical choice.

Thanks again Cabbie
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