Post by
TopBroker on Aug 30, 2021 12:23am
Biogen Phase 1
Mar. 20, 2015 — March 20, 2015, 8:54 AM PDT ... Biogen Idec stock has reached new highs and added $40 billion to the company's market cap.
For those of you who do not follow the markets. Biogen on the day they announced the results from their phase one adunucanumab antibody , their market cap increased by 40 Billion dollars during the trading day.
Comment by
Gbathat on Aug 30, 2021 12:48am
Thanks TB. Given the slightly more competitive landscape these days, I'd be good with a meager $10B, lol. Hopefully PMN's idea to collect biomarker data during Phase I could support the best-in-class hypothesis and chum the waters. Just demonstrating fewer ARIA E side effects at much higher doses would also be a big selling point. Exciting times ahead.
Comment by
JackRedwood on Aug 30, 2021 9:14am
At 430 Mil Shares outstanding and if you want a 10 Bil Cap the SP would have to be at $23.00 CAD
Comment by
DavidKingCanada on Aug 30, 2021 9:16am
At 23 per Share, I'd retire and have over 10 Mil in the Bank Not happening with PMN, chances are more for a Buyout before the SP ever goes above a Dollar.