GREY:ATBPF - Post by User
Comment by
WalkOverTheStrton Jun 08, 2021 8:26am
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Post# 33346413
RE:My investment
RE:My investmentIn the same boat and down 24% / decent chunk of change but I have come to the conclusion that these are knowns:
- Clear need for the product TAM is massive
- By combining H2S on known / highly studied drugs i.e. nonsteroidal anti-inflammatory drugs (NSAIDs) the odds of a successful PH3 is increased
- Science has been tested with a very successful ph2 / backed by Wallace's decades of research
- Platform play is taking shape and 352 human studies are coming at a good time (yes mgmt likely stalled too much on brining more than one shot to target sooner but we are where we are)
- CMO is a rock star and knows the FDA / how to create a successful PH3
- Dosing data is likely going to show a very minimum dosage which will also increase probability of PH3 passing
- More partnerships are coming as the value prop is massive for BPs
- PH3 will start this year and NASDAQ will happen which will be stage gates / increase institutional investor base
I decided a year + ago that I'd see this out, the upside is too much if PH3 pans out. Venting is nature but the juice will be worth the squeeze in the end