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Liminal BioSciences Inc. PFSCF


Primary Symbol: LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Bullboard Posts
Post by stockman6767on Oct 26, 2016 11:15am
221 Views
Post# 25387503

RBC is OFF on its Pg revenue

RBC is OFF on its Pg revenueRBC projected $14M revenue from t he sale of Pg based on approval of this trial in H1 of 2017. What they are missing is that there is a huge market for Pg for the wound healing indication. I know, the approval for that will be further down the road but has been largely derisked. Here comes the point RBC missed. Once PLI's Pg is on the market commercially doctors can prescribe it OFF-LABEL even before it is approved for that indication. So if say only 5% od the wound healing is done in this fashion prior to FDA approval that itself is a huge market potential as soon as this indication for Pg goes commercial in nid 2017!

So this will bring in way more than the mere $14M that RBC mentions. FD, can you confirm this thought and perhaps firm it up with some numbers?

Bullboard Posts