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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
Comment by Staghorn69on Jul 30, 2017 10:20am
151 Views
Post# 26526299

RE:Income from ProMetic's Ryplazim by the numbers

RE:Income from ProMetic's Ryplazim by the numbers
Biofinder wrote:
First, let's consider the income from just the USA alone at 100% patient participation for plasminogen deficiency treatment with ProMetic's Ryplazim.
 
The prevalence of congenital plasminogen deficiency has been estimated at 1.6 per one million people. There are approximately 325 million people in the USA.
 
If my math is correct these should be the numbers:
 
325 million x 1.6 patients per/million = 520 plasminogen deficiency patients in USA.
 
520 patients in USA x $50,000 treatment cost per/year = $26 million per/year income.

$26 million in income from the USA, and that's at 100% patient participation...
 
Now let's consider INCOME FROM THE WORLD at 100% patient participation for plasminogen deficiency treatment with ProMetic's Ryplazim.
 
There are 7 billion people in the world.
 
If my math is correct these should be the numbers:
 
One billion is equal to a thousand millions (1,000 x 1,000,000).
 
7 billion = 7,000 million.
 
7,000 x 1.6 patients per/million = 11,200 plasminogen deficiency patients worldwide.
 
11,200 worldwide patients x $50,000 treatment cost per/year = 560 million per/year income.
 
So if ProMetic treats every single plasminogen deficiency patient in the world their yearly income would be 560 million.

If ProMetic treats 50% of the worldwide patients for plasminogen deficiency with Ryplazim, their yearly income would be 280 million.

If ProMetic treats 40% of the worldwide patients for plasminogen deficiency with Ryplazim, their yearly income would be 224 million.

If ProMetic treats 30% of the worldwide patients for plasminogen deficiency with Ryplazim, their yearly income would be 168 million.
 
If ProMetic treats 20% of the worldwide patients for plasminogen deficiency with Ryplazim, their yearly income would be 112 million.

If ProMetic treats 10% of the worldwide patients for plasminogen deficiency with Ryplazim, their yearly income would be 56 million.

Now all we have to do is kept waiting for the FDA to get off their collective asses and approve Ryplazim.   tic tic tic

 
 
 


Well considering the income and ability of people in the US to afford treatment, and the ability and economy / accessibility of people worldwide to afford treatment, I'd say we'd be lucky to hit the 10-20% range....  just to stay realistic.

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