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microcapbiotech

10/13/22 3:56 PM

#32406 RE: Phantom Lord #32404

"The psoriasis market was ~$27B this year and expected to rise to ~$51B by 2030 (SOURCE) while the AML market was ~$1B this year and expected to rise to ~$2.5B in 2030 (SOURCE)."
"the market for psoriasis is 20x the AML market "

WOW, I had NO IDEA that was the case and the facts.
My feeble mind just said that a cure for cancer has to be worth a ton more money that a cure for an itchy scalp.
I know "itchy scalp" is an oversimplification of psoriasis.

Once again, Thanks for your reply and stating the facts.
I guess, along with everybody else, I will just sit and wait for data.
Thanks Again.
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learningcurve2020

10/14/22 10:08 AM

#32407 RE: Phantom Lord #32404

97% Institutional holdings. Zero splits. Let's just face it, there's management who give and management who take. Makes all the difference in the world.

>>DICE Therapeutics Inc. shares were up 51%, to $37.32, on Tuesday after the company reported positive topline data from its Phase 1 clinical trial of DC-806, an oral small molecule antagonist of the pro-inflammatory cytokine IL-17.

The stock hit its 52-week high of $45.99 earlier in the session, and is up 122% in the past three months.

The biopharmaceutical company said the trial was designed to generate safety and pharmacokinetic data in healthy volunteers as well as provide early clinical proof-of-concept in psoriasis patients.

DICE said it plans to advance DC-806 into a dose-ranging Phase 2b clinical trial in patients with moderate-to-severe psoriasis. The company plans to submit an investigational new-drug application with the U.S. Food and Drug Administration in the first half of 2023 and initiate Phase 2b development, it said.
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microcapbiotech

10/14/22 1:35 PM

#32410 RE: Phantom Lord #32404

Howdy Phantom, I took your lead and looked up the market for Pancreatic cancer.
2.6 billion going to 3.7 billion.
https://www.marketdataforecast.com/market-reports/global-pancreatic-cancer-market
Still can't wrap my head around how a CANCER cure could be worth so much less than 100 other things that don't kill you.
But it is what it is.