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crescentmotor

10/20/23 6:57 PM

#436175 RE: Steady_T #436171

Rett is the trial that will make Anavex a successful company.



If EXCELLENCE passes TLD muster, success for AVXL (assuming follow-up FDA approval) is in the bag no matter what else happens. I have run the numbers--revenues ramp quickly for a best-in-class drug at $300,000 to $400,000 a treatment.
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Investor2014

10/21/23 5:00 AM

#436225 RE: Steady_T #436171

On what is your apparent 100% certainty based?

Rett will be approved


I think my 50%'ish chance of approval dependent on the Excellence outcome is generous.

Of course we will never know what probability estimate/guess was right, as in the end we just get a binary outcome of approved or rejected.