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Saturday, March 06, 2021 5:57:38 PM
My favorite part is below, and this is the clear difference between Remi and Missling. Missling is going to have his name remembered for making a positive impact in patients lives. Remi will be known as the guy who worked tirelessly for a decade trying to figure out ANY drug for someone in big pharma to buy. Remi does not care if his drug helps anyone, he cares to get a buyout so he can finally retire from a decade of being unsuccessful.
Remi is looking to hand over an AD drug for quick $$$ and to get out of the scene. Why do you think Missling was interviewed by NIH regarding success stories with patients and NOT Remi? .
Buyout
We think simufilam will receive BTD sometime soon, and be approved sometime next year. But we don't think it will be Cassava Sciences that gets the drug across the finish line. The CEO from the Facebook interview (46:00):
We probably will hand this drug over to someone who has all the infrastructure in place, who specializes in distribution and getting the drug from the warehouse to the patient.
And for quite a price tag we think. As we have said, this drug compares quite favorably to Lilly's donanemab, and the AD market is enormous, growing, and bereft of disease-modifying treatments. It is not hard to translate the value of a drug like simufilam to $45 billion in market cap, which puts the stock at $1,125 per share.
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