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Message: Thoughts on value

First, let’s consider the market cap of Big Pharma.

Pfizer $206B US

Astra Zenica $123B US

Merck $216B US

etc.

Resverlogix has a market cap of around $300 million US.

If Big Pharma thinks there is any possibility this drug makes it to market on a MACE indication, it seems logical they would be interested.

Based on the results and the Forest Plot specifically, there is a very strong possibility that this drug will be approved at some point.

The big question will be price and deal structure.

Amarin has a market cap over $8 Billion. They also face competition from other players in that space and upcoming trial readouts.

RVX is a minnow that Big Pharma can easily afford to swallow at a hefty premium. We can’t expect $8 Billion but something with a B should work.

 

bfw

 

 

 

 

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Nov 16, 2019 04:29PM
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ssp
Nov 16, 2019 06:00PM
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