RE: HEMOs realisation12 Aug 2020 00:51
I thought Pingu is off playing with the chickens so was preparing a reply but I see he has replied anyway :P Anyway I strongly believe we will be north of £1 in a year. I am going to qualify that with some very basic numbers so you dont think I am full of sh..t..
£1 Per share at 434 Million shares gives Hemogenyx an MCap of ... well £434Mil currently sitting at an MCap of £39Mil
So to justify that £434 Mil we have to assess which if any of Hemogenyx products currently in development would warrant that.
1, CDX BiSpecific Antibodies targeting AML - This is believed to be about to go into Clinical Stage 1 trials with Eli Lilly assuming they take Hemo up on the Licencing agreement. It is hard to assess what exactly the up front payment will be but have a look at https://hemogenyx.com/broker-coverage/ and you will see the numbers, it could go from low 10's of millions up to 100's of mil. There would then be further milestone payments and royalties when it goes to market provided it passes all trials. Stand alone I dont believe CDX will be enough for £434M MCap within 1 year but a sizeable chunk of it.
2, Todays announcement, CAR-T Agreement with University of Pennsylvania targeting AML working with the June Laboratory... You can do some quick googling but the last product they brought to market helping ALL sufferers has been shown to be cost effective and yet still costs north of 400k per patient for one treatment! AML is somewhat similar with a massive potential market. And as of now its 100% Hemogenyx which to me justifys a valuation of £434m once its though atleast Phase II trials
3, Orgenesis - Lets not forget that they are working away using Hemogenxy mice, they have launched a BioDefense platform, who knows what it will generate in revenue but you are talking defence contracts and Hemo are in line for 12% revenue, guess 10's of Mil?
4, Covid 19 Prognostic test or antibodies.... There has been complete radio silence on this recently, we have seen what Covid developments have done to SP. There is no competition for the test under development and as for the Antibodies? the market is too big to fill, IF Hemo can produce they will sell. Have to wait and see for this one, potentially 100's of Mil, or nothing.
5, Take over - Forget £1, too many products in the pipeline, I realistically cannot see a take over as any less than $1bn so your talking more than $2 per share.
6, Super mice, Mils -> 10s of Mil -> 100s of mils depends on customer
7, Hu-PHEC... etc etc
Basically there are so many potential revenue streams, any one could potentially be a £1 share price earner, its all a question of timing. It has been years in the making but 2020 and 2021 are the culmination of that work, Expect CDX and HEMO-CAR-T in Stage 1 clinical trials within months, then the SP will truly rocket.