InvestorsHub Logo
Followers 4
Posts 929
Boards Moderated 0
Alias Born 08/15/2006

Re: Antti post# 7982

Thursday, 02/07/2019 9:39:01 AM

Thursday, February 07, 2019 9:39:01 AM

Post# of 21541
I think the main difference between AXON and us is that we are not yet perceived as having a successful trial. The post-hoc analysis all looks outstanding and clearly indicates that Namenda interferes with Bryostatin, but we still need a successful phase 2 trial before we can hope for a market cap similar to AXON at its peak (>$2B leading into phase 3 readout).

Still, I think a reasonable market cap going into the phase 2 confirmatory results would be > $300M, and here we sit at ~60M.

As you say, our situation is better, since we can potentially IMPROVE AD scores, which I don't think AXON could. Also, if we can get a pipeline going, as coach suggests, we could potentially be in a great position. Imagine having a successful confirmatory phase 2 AD trial, and potentially a Fragile-X readout at the end of the year.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SNPX News