Aug. 1 at 1:04 PM
$GANX Penicillin, Aspirin, Insulin etc., some of the most important drug discoveries that changed medicine.
The first disease modifying drug for Parkinson's disease alone would cause it to be added to the list.
PD is an exploding epidemic and there are no viable drugs to address it.
Large pharma will want their name all over any drug that addresses it for their social capital alone.
Is GT-02287 possibly that drug? While the share price may cause one to wonder, that can change in a split second.
The question will be answered in a short matter of months. Historically GT-02287 has surprised at every turn...I expect it could again.
Some very educated analysts think it's a possible block buster and unicorn. They said on the BTIG call they see
$2.5B in annual sales based on just 25% market share. Put a conservative multiple on that with 45M shares fully diluted. You will need a calculator...
Take a picture of today's market value for posterity.
Do your own dd.