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Re: DanWebzster post# 111

Friday, 04/20/2018 9:07:51 AM

Friday, April 20, 2018 9:07:51 AM

Post# of 438
EBIO will read out Ph3 Bladder Cancer data in May-June/18.

Bladder cancer is a $1B pa commercial opty. A 20% market penetration could lead to a 1.2B MC

As of 3/18, Cash = $25mn with MC = ~$65mn

The initial commercial opty would be ~25K patients (who have failed standard of care and refuse cystecomy). The most recently approved therapy is priced at $37K.

Biotech stocks usually trade 5-10x revenues. At a multiple of 6, EBIO MC would be $1.2B

Watch AUA meeting in May/18

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