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Chelsea Therapeutics Internatio Message Board

  • padil2050 padil2050 Feb 20, 2013 4:01 PM Flag

    prevent dizziness and falling in patients with Parkinson's disease.============ billions

     

    prevent dizziness and falling in patients with Parkinson's disease.============ billions

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    • tulsadevlin@sbcglobal.net tulsadevlin Feb 20, 2013 4:19 PM Flag

      the company still has over $28M in cash, enough to get to FDA approval and beyond. Despite the sharp run-up on Wednesday's news, we believe upside in CHTP is still significant, particularly, if the drug can be developed in other indications and achieve sales north of $50M annually. At ~$1.50 per share, and with new guidance from the FDA that currently-generated Phase III data could be enough for approval, we believe CHTP is a good bet.

      Sentiment: Hold

 
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