Claritas Pharmaceuticals Inc CLAZF

Patience is a key element of success.... B.Gates

[whisky11]

We have to wait until management tell us about progress with the US government to finance the project.
Is there a private business willing to finance phase 1 
When phase 1 starts and how long it will take. Because of urgency, is the project gonna be expedited
Until then $0.05-$0.10
On the bright side we all know R-107 works and is safe.
After successful phase 1we will get another dilemma what is better ,to buy white Ferrari with black interioror to buy black Ferrari with white interior.

[bud13]

I say both

[Bigginvestor]

lol I'm going for the Aston Martin

[bud13]

Yap. Y not eh. We waited long enough for it.

[AngelaL]

As far as I understand from the PR's to date, everything is loaded and ready to go into a Phase 1 study. The beauty of their PAH program is that they can leapfrog from a quick Phase 1 study on healthies right to a small Phase 2 in folks with bad PAH. A Phase 2 pilot like that can be done in a few months. Assuming R-107 works in that Phar 2, then they have proof of principle and the stock is

[Bigginvestor]

wht would sell at ?

[AngelaL]

The market valuation of any small biotech with an exciting asset that shows proof of concept in a pilot Phase 2 clinical trial for PAH, testing a novel proprietary technology that has a promising new mechanism of action (as R-107 does), would be in the range of US$400-700 million, possibly stretching to US$800 million if the results are spectacular. Such a prospective market valuation assumes that

[indaknownewfie]

I'm willing to settle for between $15-20 per share. Bearing in mind that the Srpsis market in the US last year was 28 Billion, 1 billion for the Province of Ontario. When you factor in Sepsis occurs in most severe cases of  COVID   start factoring in its application worldwide, the numbers are huge.

[8CornerPocket]

That's around my range too

[011Peking]

Ya. That is for sure a big dilemma! I'd rather go with a freshly baked Volvo XC90 T8 or someting similar but why not a black ferrari for the weekends! GLTA and let the good times beguine sooner then later!