AVXL is NOT an Alzheimer's company....not yet. But it will be...JUST DO IT !!
when will AVXL wake up
this is correct.
on the question of why biotechs that failed are still training higher in market cap than AVXL ? Because they have CASH higher than AVXL.
Look at CLDN...only 1 product in pipeline, and that also failed. Trading at 55 million...because they did secondaries before the fail, and have cash worth that much.
Just wanted to clarify that.
10 billion for AVXL with good 2a results ? wow you are getting bit too excited aren't you ? There are lots of other companies in the ALZ space too. Somehow people on this board think AVXL is the only biotech researching ALZ, and we will get 100% of the market for ALZ ...even if the results are good.
wow you are kidding right ? AVXL taking huge leap of faith ?? ALL BIOTECHs take huge leaf of faith all the way till phase III completion. Nothing is guaranteed for ANY biotech.
They are just sharing research that shows positive indications of the science. That is all.
ALL BIOTECHS need to get FDA approval eventually to get marketed in the US. NO APPROVALS ARE GIVEN TILL THEY CAN PROVE PH III success. Are you new to biotechs ??
think there will be BIG news coming up in the summer...like major funds getting into the stock, maybe a BTD from FDA, partnerships and funding. Thoughts ?
you own 1% = about $3million dollars worth of AVXL ?? OR you meant $300k worth ?
According to CEO Hank Safferstein, Cognition's small molecule
drugs, taken orally, prevent toxic proteins
from binding to the brain. Pre-clinical data suggest
the drugs can reverse the effects Alzheimer's and sustain that reversal.
If proven, Cognition's approach has huge implications. There are currently no
therapeutics available to prevent the accumulation of the toxic proteins that cause
Alzheimer's cognitive impairment and, eventually, death. Alzheimer's is the sixth
leading cause of death in the U.S., and the number of patients is expected to rise
sharply as the population ages.
They are behind AVXL in terms of clinical trial progress. Not sure if science is the same.
wow chill a bit ctixers....decent run up last 2 days, but we have a LOT ways to go. Don't get too excited yet. I hope this volume is prelude to a partnership coming. Someone buying shares before announcement.
agree will see over 1 by summer though....$2 if partnership, $5 if 2A is good data.
it shows on yahoo finance...19M.