RE: J&J Transaction Structures2 Feb 2023 13:14
"More pertinently, if J&J value one treatment that is at Discovery phase at $1Bn+, what price SYN001?"
Logically more than $1Bn then, certainly after a successful P3.
One could argue that our current position is better than those drugs at P2, because even though we didn't hit our P3 trial endpoints, the deep-dive of the data since then has showed that if the drug is targeted to the correct groups then it is still showing a lot of promise. And of course our P2 data, when measured against placebo rather than SOC, was very good. Throw into that the broad-spectrum properties etc and we should have people queuing up to pay $1Bn+
....but we don't appear to have just yet. Hopefully this situation will change eventually.
DYOR, GLA etc etc.