Post by
bioboy10 on Oct 14, 2009 2:56pm
Article
Very Nice article Ultra, a very good summary of where we are at.
According to the article and press releases Protox has enough money to last untill March 2010. But of course they wont wait that long to announce a partnership. If cabbie is correct we can then look at a partnership from large pharma if everything works in the 1/2 billion range. If ANZ can sign a partneship for 350 million. This is where the Board will make a difference ( I hope ). it looks like ANZ signed a partnership before going into a Placebo trial. If our Placebo trial works we should command a premium.
Nugie your posts always bring the humanity side of the equation into play. We should forget about the greed factor and hope that this drug works for all men. 1 out of 5 men will be effected by this nasty condition.
BB
Comment by
cabbieJBJ on Oct 15, 2009 8:21am
I agree...very inforative post Ultra. The idea of a listing on amex or or nasdaq is a very good one. I think there is a minimum sp reqirements of $1.00 which I believe PRX will reach with positive 2a results.Ultra, what's your read on PRX for the next 3 to 6 months?Thx, jb