RE: Ask Yourselves.................7 Dec 2020 08:18
And yet he has been calling it correctly for over 6 months. And those people hanging on for the cancer treatments might want to take a look at other therapies and mrna vaccines for cancer that will render chemo redundant.
Market for IBS in the US is estimated to be 2.4bn per year in 2024. This is thought to be an underestimate as many patients discontinue existing treatments due to the side effects and no treatment available for IBS-M. So say 1.5bn share of market goes to Blautix with drug on market by 2026. Patent protected until 2036 so 10 years would be 15bn. I would say that would be worth a significant upfront payment to take development of it off 4D's hands. More detailed Blautix data is due before year end.
In 2014 Celgene paid a small Irish pharma called Nogra Pharma 710m USD upfront to take a drug for Chron's disease through Phase 3. The drug failed the trial but if successful they would have had a further 2bn to cough up.
It's a Backstop finance arrangement. I think it is unlikely to be called on. They are not the only ones providing it as it matches the whole of the Loac cash
I have read the filing. Any ideas why the Longevity share of the combined company is 13.1% in the original merger RNS and showing as 17.7% on the SEC registration form?