Tuesday, April 11, 2017 12:22:24 PM
World-wide sales of Celebrex® alone were $2.7 billion in 2014, ~$1B in 2015 (due to generic competition)w/ all side affects. Celebrex has major risks while KTOV has an improved celebrex. folks might drop celebrex and switch to Kitov drug and not worry about side affects. with the improved celebrex Pfizer could easily pass $2.4B even $3B sales IMO. This been talking over and over also by analysts predicted a blockbaster potential in the US alone.
A/o today market cap is $15m equal to Cash on hand. Kitov also has 53% ownership on another Company holds a breakthrough patent. Big undervalued if you ask me.
http://www.genengnews.com/gen-news-highlights/kitov-takes-majority-stake-in-tyrnovo-to-expand-pipeline-with-immunotherapeutic-candidate/81253704
NT219- registered Patent.
"A step toward development of drugs for diseases like Alzheimer's, Parkinson's and Huntington's". New compound for slowing the aging process can lead to novel treatments for brain diseases: http://www.innovations-report.com/html/reports/medicine-health/compound-slowing-aging-process-lead-treatments-223636.html
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
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