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TRANSITION THERAPEUTICS INC. T.TTH

"Transition Therapeutics Inc is a product-focused biopharmaceutical company. The Company is engaged in developing therapeutics for disease indications with markets. Its technologies are focused on the treatment of Alzheimer's disease and diabetes."


TSX:TTH - Post by User

Post by goodtoreadthison May 15, 2013 1:57pm
225 Views
Post# 21398312

Fat people & TT-401

Fat people & TT-401

1/3rd of entire adult population in US is rated as over weight/obese. That is 100 plus million people. Can't tell u how many diabetics there are.  The TT-401 results published recently showed data that BOTH non-diabetics and diabetic obese people that took TT-401 lost weight. Side effects were almost nothing.   Say only US citizens are obese, that means our market is ONLY 100 million people. At 50 cents per day per pill, for 25 mill customers, TTH grosses $12,500,000 PER DAY times 365 days. If TTHI makes .10 per pill they net $2.5 mill per day on obesity alone. What is the multiple on a biotech company with this size of a blockbuster ?  This PR was released by TTHI becuase these TT-401 results are material to TTHI.

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