GREY:ATBPF - Post by User
Comment by
Marky1on Dec 24, 2019 11:07pm
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Post# 30489355
RE:Price after enrollment and study completion
RE:Price after enrollment and study completionGreat question...I feel that there will be 5 factors which will propel this stock to 5$ CDN IMHO
1) announcement of final enrolment of the last patient in the P2b testing...Up to 0.80$..early to mid January
2) 4 weeks later top notch results from the P2 testing....1.20$ by early to mid February
3) notice of successful IND with the FDA....This allows the new drug 346 to be exported and tested in the USA.... 1.50$ ...Sometime in March ...
4) Teaming up with a Big Pharma in the USA for beginning of Phase 3 testing.....$2.00 to $2.50$ May 2020
5) buyout by a Big Pharma...5$ by Ed of 2029....I base this my theoretically putting the value of ATB 346 at $1B USD.....roughly 10% of the NSAIDS industry...or $5 CDN
Merry Christmas! Wish I had kids to celebrate with!
stay safe and healthy
Marky1