RE: Possible valuation?13 Dec 2021 20:08
Reasons To Invest In Synairgen:
- Previous trial results, including advancement to phase 3 in ACTIV US trial, are supportive of a positive outcome.
- 80% of phase 3 trials succeed.
- Excellent management team who have worked on this for many years.
- Recent recruitment drive to senior positions.
- Science supports the case for IFNb.
- Ingredient is a naturally occurring protein.
- Broad-spectrum antiviral, already proven (in vitro) to work on multiple variants of Covid-19.
- Different to current crop therapeutics (inhalation).
- Could provide basis for other treatments, Asthma/COPD etc.
- Brokers positive. Numis price target of £9.90, Dr Paul Cuddon experienced in covering such stocks. Finncap also positive.
- Omicron, an even more urgent need than ever for a variety of therapeutics.
- Vaccine weariness, more people becoming disillusioned with vaccines. May need to rely more on therapeutics.
- Represents a good risk/reward bet.
- Polygon/Polar taking significant stakes in Synairgen.
Reasons Not To Invest In Synairgen:
- Company is small and does not have the power/influence of large pharma.
- Chance of being the 20% that typically fail in P3.
- IFNb never been used in this way before. Could be some unknowns.
- Politics.
- Cost, with vaccines and pills cheaper.
- I own it.