This is long term play if they go alone - I am expecting a partnership or BO as they possibly run the trial alone.
500 patients -11 countries - 128 sites 12-14 month enrollment + 24 months from last patients for results - results in 2022 no interim readout Very long road and only $44 million on hand
On other hand only Phase 3 NASH-CX trial on horizon - in reality only NASH-CX product to talk about.
My hope and expectation is - One of the top BP - BMY-MRK-PFE-Gild can just pay $50-100 million and lock them into collaboration
The only other P3 independent target is MDGL - trial started with end date 2024. The mc is $1.50 Billion + but it is in NASH-FX where few more BP players
So hoping that once protocol is approved - we may see collaboration and SP does not go below $2.50