Share / company, Valuation.1 Jul 2023 19:17
Ive not seen many messages on this subject but, it was discussed in AGM Q&A meeting.
Avacta has taken the AVA6000 route for several reasons.
I think P1a is now a given. All the data is extremely positive, hence why we have been given 3 more cohorts.
Phase 1b will give us an indication of efficay, at some point half way through the trial AS mentioned they will know how well its working.
At this point many companies will want to partner up, to use the patent application of AVA for thier own extremely toxic chemos that work.
But because of the high toxicity, the companies can not use their drug, or in extremely small doses.
The market for Dox is £1.4b, then you have a bigger market for AVA3996 and then several more lines that Avacta are potentially pursuing.
Then like I mentioned, when AVA6000 is a proven force, many other companies will want their drugs to market.
So the market will not be £2-4b per annum to Avacta, in several years time it will be many multiples of this.
The concept and potential of any takeover by any company is not just the value of AVA6000, but many many more applications.
Any takeover will have to factor all of these possibilites into a figure, one which could be unthinkable.
life changing for many people, both medical and finiancial