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Re: Bjdev89 post# 16675

Saturday, 07/16/2016 7:54:48 PM

Saturday, July 16, 2016 7:54:48 PM

Post# of 38634
http://www.investopedia.com/terms/n/new-drug-application-nda.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186

Once a company reaches the NDA stage, the probability of the drug receiving FDA approval and being marketed in the U.S. exceeds 80%. Filing of an NDA typically does not result in a substantial increase in the share price of the sponsor company, as most of the stock appreciation is likely to have occurred as the investigational drug progressed through successive phases of earlier clinical trials.

Say what???

We haven't yet received our pie "with ice cream on top"... but I expect that to change soon - and expect several days of $1.00 plus pps increases as this needle in the haystack is found - every mutual fund that comes in looking to pick up a million shares will drive the price up $1.00 - 10 funds = $10 Plus.

It's really very dependent on who the partner will be - and what the deal will be... If there are more than one suitor... we will get fair value... which I expect to be considerable.

I'm hoping it will be Pfizer and see it as a first step of a takeover to protect their Lyrica franchise... a wild but not unreasonable guess... takeover at $3 to $4 billion in end of 2018.
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