Post by
Camphikefish on Feb 17, 2023 9:50pm
Treatment Cost
Hi everyone, I read today that Alstiladrin treatment is expected to fall roughly between 160k and 260k per patient. 80,000 new cases per year in the US makes it a total opportunity of 1.2 billion using 160k as a multiplier. 25% of that is a realistic 300 million in sales revenue and a fair target number for 1433. Does anyone know the math from here? In orthopedics the somewhat historical buyout number has been 6 X annual sales give or take. These are US numbers alone so we could be worth 1.8 billion easily however, I realize we all believe we're worth far more. Wonder what we would be worth with worldwide numbers included? Curious again what others believe we will be bought for just for fun.
Comment by
frebeach1 on Feb 17, 2023 11:54pm
Way back at the time when they were testing with mice, the charging expectation was $50,000 per Canadian patient and not charging so much to be only a remedy for the richest people, assuming we kept this technology access for all Canadians regardless of whether they are rich or poor. Dave at Bare Oaks. Canada.
Comment by
consultant99 on Feb 18, 2023 3:55pm
80,000 cases x $160,000/case = $12.8 Billion likly 10-25% sales potential puts annual revenues between $1.28 and $3.2 billion
Comment by
Tapps21 on Feb 18, 2023 6:31pm
I'm in the same boat Camp. Kudos to you. 30 plus years of working Canadian winters. Been real long here and $15-20 would be life changing for the remainder of it. Im not greedy. Good luck to all of us. I would love a meet and greet in Vegas one day (soon), fingers crossed.
Comment by
frebeach1 on Feb 19, 2023 4:42am
Where did you get 80,000 patient number? How many people have $160,000 disposable income? Dave
Comment by
skys1 on Feb 19, 2023 11:12am
True frebeach, most don't have a spare $160K to spend on the treatment but insurance companies do. However because it is much less expensive than other treatments, insurance companies will pick up the coverage because it will actually save them money.