PLX Manufacturing Answers from IR:
Hello,
I am doing some due diligence relating to PLX and have some questions. I see that they are working to expand their current production plant(s) and it will cost about $25M to complete. I have three questions:
1) Will Pfizer help them pay for this as part of their agreement/collaboration?
Yes, but only a nominal amount
2) Where do they stand with regards to the expansion? (i.e when will they be done?)
in 2012
3) If they are currently able to produce their lead candidate drug for 1,000 patients, how many new patients will they be able serve after the expansion?
About 50% of the Gaucher disease market - ~2500 patients
All of the above/below is in my opinion only. Please do not buy or sell based on what I have written.