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BlackDoggie

10/05/17 8:11 AM

#17442 RE: Grip it and Sip It #17439

Actually, it's 200k patients. Interestingly with GvHD, if the drug is sufficiently effective, it would expand its own market by allowing transplant procedures that were too risky previously due to prevalence of rejection / GvHD. And if it's effective, it would gain market share here very rapidly since there's not much else in the way of treatments.

Using the previously stated market potential of around $500mm... if it were to gain 40% of market share at its peak and pull in $200mm annually, that would equate to a starting point for valuations of around $600mm using the basic rule of three times peak annual revenue. This would of course be discounted for risk and other considerations, but compare that to our market cap now.

I'd say it moves the needle.

woodenbear

10/05/17 8:31 AM

#17443 RE: Grip it and Sip It #17439

Yes currrent market for GvHD is small but once transplants become less risky the market will expand.

Mammit6000

10/05/17 9:13 AM

#17447 RE: Grip it and Sip It #17439

How would it go down? It can only go up after this news.

Grip it and Sip It

10/05/17 9:42 AM

#17450 RE: Grip it and Sip It #17439

I did mean 200k but points well-taken. I’m long here! Been in a year now. Getting close!!

Grip