Sep. 29 at 1:19 PM
$TNXP A Phase II trial in Prader–Willi syndrome is set to begin in the coming months. Earlier this year,
$SLNO received approval for a treatment in this indication and is currently valued (ex-cash) at over
$3 billion.
The total market opportunity for this syndrome is estimated at
$2+ billion.
This represents a strong long-term catalyst. If early Phase II data next year are positive, the program could emerge as a significant asset, potentially supporting an enterprise value for this only single asset at above
$600–800 million range.