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Allon Therapeutics Inc NPCUF

Healthcare Biotechnology
Allon Therapeutics, Inc. is a Canada-based Company, which develops treatments for neurodegenerative diseases. The Company is engaged in pre-clinical and clinical development of proprietary neuroprotective compounds which may be applied for the potential treatment of Alzheimer's Disease, Parkinson's Disease, senile dementia, glaucoma, traumatic head injury, neuronal damage due to stroke and other conditions involving neurodegeneration. The Company's drug, davunetide, is proceeding in a pivotal Phase 2/3 clinical trial in an orphan indication, progressive supranuclear palsy (PSP), under a Special Protocol Assessment (SPA) with the Food and Drug Administration (FDA).


GREY:NPCUF - Post by User

Allon Therapeutics Inc
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Comment by your_solution1on Nov 27, 2012 11:45pm
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Post# 20652535

RE: value of company ??? with FDA approval

RE: value of company ??? with FDA approval

my calculation is based on the outstanding shares of 140 mill. and market cap. of now $ 70 Mill. the annual demand on drugs is $ 700 Mill.for the PSP patients. I think it could go 10 fold and keep climbing on the long term.

Then the following hope it could work also for alzheimers (ok it's probably another year away to complete the clinical tests).. this could be a blockbuster biotech...

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