Post by
canadafan on Nov 10, 2024 5:26pm
Why others & not Onc ( yet)…?
Dealing with facts & not conjectures, Onc has the following to offer.
They have strong clinical proof over countless trials of bith efficacy & safety.
Some if the recent juniors bought out, we barely @ phase one trials.
So, pharma cones in early , with in one case $850 million up front & future biobucks on performance.
ONC at its presnt clinical state.
Two phase 3 resdy, with FDA fast track.
The pancreatic cancer for example , showed near 3x existing standard of care results.
That is why CGAR granted Onc $5 million to add an additional arm.
VERY positive factual information P.
accepting that, Onc mangement are mandated to get best value for the company.
Not quickest deal, but the best deal.
To determine that price requires a lot of investigations, being legal, clinical , financial.
All of which requires a lot of time.
The future changed dramatically the last 6-9 months.
Most significant being the rapid progress of the Gobblet trials, results etc.
no deal? Not because of lacking clinical evidence, exact opposite.
moving forward, up to the executives of both sides to come up with a reasonable price for both sides.
keep in mind, the accelerated approval " talk" on Onc publications is only one month old.
FYI, they could of had a deal, back 2014 or so.
would have resulted in 90% dillution, Total loss of control regarding end use of Pela, including closing it down.
That was deemed as unacceptable. Hence the Aware-1, & Bracelet trials.
pharma said, you want a mature product price, show us a mature product trial evidence.
recall the term " derisking"
Both bracelet & aware-1 , proved results
Both just made public in the very enthusiastic N.R. Early October.
So, while Onc has been around since 1999. The recent results are only a month or so, public.
Brining that to the table is clearly much more than recent deals announced.
i suggest you read the October N.R,
and then cover your short position.
Comment by
13X2413 on Nov 10, 2024 7:35pm
Not short. Just p*ssed off.
Comment by
13X2413 on Nov 10, 2024 7:35pm
Not short. Just p*ssed off.