RE:RE:RE:RE:RE:ADCs - excess toxicities & unfavorable risk-benefit profilesIndeed Lesalpes. I think a few of us use Bay Bridge Bio & their biotech valuation material. They attribute a $1.248b usd valuation for a ph3 ready/approved biotech. They also mention the average cost of getting through a ph3 to market is about $405m. Interesting information. If we had 2 AA/ph3 ready trials we, according to Bay Bridge, should have a $35-$40 SP.