Old article>>>On the investments made thus far, Corr says TauRx has so far been “very successful in securing significant investment of about US$700 million [RM2.9 billion] to fund its research”.
He notes: “Our strong fundraising track record reflects the credibility of our research and the market opportunity. Investment has come from a mix of private investors, based largely in Southeast Asia, as well as funds from large corporate investors such as Genting.” It has been almost two decades since November 2002 that Genting announced a total investment of US$111.8 million in the pharmaceutical company in exchange for a 20% stake. Singapore’s sovereign state fund Temasek is also a substantial shareholder of TauRx. Gaming analysts say Genting had invested a total of about US$120 million in TauRx as at 2016.
There's currently no cure for Alzheimer's disease. But there is medicine available that can temporarily reduce the symptoms. A break through has tremendous implications because if an expensive drug (if proven) has to be taken over long term x 50million people, knowing how expensive medicines are in the US .....
THE LUCIDITY TRIAL UTILIZES 16MG/DAY AND 8MG/DAY DOSES VS PLACEBO...IMAGINE THE COST PER TABLET, PER MONTH, PER YEAR, FOR YEARS AND YEARS TO COME TO COUNTERACT ALZHEIMERS....
The 20 Most Expensive Prescription Drugs in the US Hannah McQueen Updated on September 7, 2021
In an effort to continue to shed light on drug prices and increase transparency, the GoodRx Research team regularly tracks the most expensive drugs in the U.S. Since 2018, we have tracked the list price and dosing requirements to identify the most expensive drugs.
Here, we look at the most expensive drugs that patients can get at a pharmacy and administer themselves. This list does not include medications that must be administered by a healthcare practitioner. The GoodRx Research team puts together a seperate list of the most expensive drugs including those that must be administered by a medical professional.
While some of these expensive drugs haven’t seen changes since we updated the list in February, many have seen price increases.
Of the 20 drugs on this list, 3 — Qinlock, Korlym, and Tibsovo — have increased in price since our last update in February.
Tibsovo regained its spot on the most expensive list this time around, replacing Idhifa at number 20.
The following are the 20 most expensive medications in the U.S., based on the list price — the price a manufacturer assigns as the official price of a drug. While few patients actually pay the list price, as they are typically shielded by their health insurance, the list price is still a good proxy for the price of a drug.
List price is the price of a drug that is set by the manufacturer. Prices reflect list prices for each medication's most common 30-day prescription. *Quantity of dose may depend on weight or body surface area of the individual, meaning that list price can vary. Prices shown are for a typical patient being treated with the medication.
LEFT POCKET selling 1,000 lots to right pocket at 5.20. RIGHT POCKET bought 600 lots. RETAIL EDYOTTS bought balance 400 lots. Right left pocket gang nett sold 400 lots.
Then they do the same at 5.23.
Once they hv sold their shares, price will drop leaving you high n dry.
I don’t know what the fuss is about the new drug trials….the fact is Genting is potentially a very good buy given that full recovery is expected and general market condition compared to last year and current market correction in May.
Agree Riaz. Already earned more from other stocks. Once revenue back to pre-pandemic days or if increased, not surprising if back to 8. Nothing wrong if sell today or buy more…. own money, own risks to take :p
dun worry.... buy high... then avg down again when low lor... apa susah... last time from 5.2 avg until 4.5... who kesian me? LOL no body ask you sailang all your money inside ma... janji ada FD in GENTING. good day... sell some... not good day... continue buy some... mana tau one day shoot up until rm8 again?
by the way... who so terror can predict price movement ya? it's all bet / gamble also... relax bro n sis....
There is huge pent up demand for travel and leisure activities world wide! In U.K. BA and other airlines have to cancel over 2000 scheduled flights this week! All due to lack of manpower, in other words hugE demand was not foreseen. Some hOtels are operating on 95% capacity! Just imagine what lies ahead for Genting given their exposure to these markets! Selling short term gains does not make sense in stocks like these. Ali Baba and Rolls Royce is in same category of recovery stocks. Of course nothing is guaranteed, but at least there is valid justification.
Malaysian stock market needs GE to happen so that there is some degree of stability and certainty going forward…..a Govt with strong majority is a must. What are waiting for?
Who says Alzheimer has no cure. My Grandma cured from Alzheimer by eating concoctions done by my Grandpa long time ago since I was a small kid. That time because I was very young, it never crossed my mind to ask from my grandpa, his recipes for his concoctions given to my grandma. Or else today I will be shaking legs selling my grandpa concoctions recipes to the world. That time I was too young to see the value of my grandpa recipes. My grandma cured from Alzheimer after 1 year consuming my grandpa concoctions.
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Posted by emsvsi > 7 minutes ago | Report Abuse
IN THE TOP 20 DRUGS LIST ABOVE THE CHEAPEST IS USD28,000...A MONTH...AND ALZHEIMER'S HAS NO CURE
Seen massive sale volume suggesting that investors are only interested in market hype rather than true potential of GB recovery prospects. I for one more interested in GB recovery in 2nd and 3rd quarter. Time to accumulate.
Double push in the morning, afternoon just consolidating. Today open gap up so much and closed 49 sens up. Very good day la. Good for those who have realised gains. I'm lazy to track so closely, keep as retirement fund. Nice to watch action here though :p
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Income
13,077 posts
Posted by Income > 2022-06-01 14:33 | Report Abuse
Wow today So Hot Here. Already 55 sen up.