ACT'a January 2011 announcement re FDA has granted the third such approval, from Dry Age-Related Macular Degeneration (Dry AMD) represents a potential therapy for a $25-30 Billion market opportunity in the US and Europe alone.
There are no approved therapies for Dry AMD currently available.
These are facts and ACT's science is the backbone here. A solid basis to stand on for the company and the value thereof.