i think not profit taking.... its T+3... price no up... either sell or need to pay... those cant hold... have to sell to minimise losses.. monday will be better after shaking off shorties today...
In today AGM, the management team mentioned that TauRx might sell HMTM drug almost same price with Biogen's Alzheimer drug Aduhelm, which cost around USD 28,200 per year.
Population of Alzheimer patients is around 50-55 million.
If TauRx manages to capture 10% of market, revenue will be 5 million patients x UDS 28,200 per year = USD 141,000,000,000 per year !! = USD 141 Billion per year !!
Aduhelm is given through infusion ( injection). HMTM drug is given in oral form, no need injection, more convenient for patients and caretakers !!
Biogen Slashes Price of Alzheimer’s Drug Aduhelm, as It Faces Obstacles
Biogen slashed the price of its controversial new Alzheimer’s drug Aduhelm on Monday as the drug faces weak sales and mounting criticism.
The price was reduced to $28,200 a year from $56,000 on the same day that a group of Alzheimer’s experts and health advocates called on the Food and Drug Administration to pull the drug off the market and said they were supporting an effort to file a formal petition with the agency to withdraw it.
Cannot compare HMTM (an oral drug that is super effective with zero risky side effects) VS Aduhelm (intravenous drug that did not work, plus 40% dangerous side effects ARIA cases -> brain swelling and bleeding).
Who said LKT is a prodigal son? I think LKT, like ATK, made a well calculated risk-return bet on Taurx Pharmaceuticals Ltd. ATK went in Taurx at US$0.125B valuation. LKT went in Taurx at US$0.56B valuation.
TauRx is the biggest drug story success of the 21st century. Against all odds. Soldier on with courage and determination. Finish up that phase 3 trial and show the AD field that Science is proven in clinical trials, not in politics.
I am waiting for Nobel Prize (Medicine) to be awarded to Professor Claude Wischik some time down the road.
AngTayKor, WELL SAID. If TauRx truly works & succeeds, Prof CW deserves much more. More than Nobel Laureate medicine Most ppl around world will face AD. This will help you in your old age.
In 2020, an estimated 5.8 million Americans aged 65 years or older had Alzheimer’s disease. This number is projected to nearly triple to 14 million people by 2060.
In 2010, the costs of treating Alzheimer’s disease were projected to fall between $159 and $215 billion. By 2040, these costs are projected to jump to between $379 and more than $500 billion annually.
Sifu ATK, Aunty WinSSP, also very free to finding faults of other people here. She suggested all Uncles and Aunties not to chat until midnight and to find friends. She even wanted to comment about me when I tried to talk to VirusT. I am shocked why she is a very Busybody fellow. No wonder she has lots of enemies here. —-
Posted by WinSSP > Jun 3, 2022 9:56 AM | Report Abuse
Agree @Riaz. Hope everyone can plan for some nice travels or buy new car, new house since can take profit or make huge paper profit from GB :) Ah pek & auntie no need post till midnight everyday… Find some friends la
Posted by WinSSP > Jun 3, 2022 9:55 AM | Report Abuse
auntie Income, that’s exactly what @virust meant in his posting la. All serious GB investors alredy knew FDA’s approval is a must…no need uncle sam here, uncle sam there
Can cha cha aunty share with us what is your latest GenB average price? Let me guess.... I think most likely rm3.00 now after seeing @Sharefisher's average price was rm3.10. Lo......serSSP. Kekeke.....
Sifu ATK, Aunty WinSSP, also very free to finding faults of other people here. She suggested all Uncles and Aunties not to chat until midnight and to find friends. She even wanted to comment about me when I tried to talk to VirusT. I am shocked why she is a very Busybody fellow. No wonder she has lots of enemies here ----------------------------------------------------
If I remember correctly, some glovers complain abt her rubbish postings in i3 to glove companies like Top Glove. Hence she has to change new ID to avoid being tracked down and sued. She is the infamous cha cha aunty STOCKSAFEPLAYER. Those readers that have been here for a long time will know abt her past behaviour. It was really bad a year ago. Everyday vulgarities. Now considered very peaceful liow.
Remember someone here is a police traffic… saying don’t chat here until midnight… ;-)
—- Posted by WinSSP > Jun 3, 2022 9:56 AM | Report Abuse
Agree @Riaz. Hope everyone can plan for some nice travels or buy new car, new house since can take profit or make huge paper profit from GB :) Ah pek & auntie no need post till midnight everyday… Find some friends la
Yes, more peaceful if without fake trader atk long yappings -------------------------------------------------------------
These are your fakes trades. You kena dementia already? I will keep reminding you. You need help to enroll yourself into Taurx compassionate program? I think they will reject you LoseSSP because you tell a lot of lies here and obviously not compassionate person. Kekeke....
Posted by Stocksafeplayer > Mar 19, 2021 4:25 PM | Report Abuse
Congrats....... My average is 4.50....Super grateful aldy!! -----------------------
I'm waiting to see what is announced at the convention. "substantial" is quite subjective. Also, wait and see how they plan to unlock Taurx value, maybe an IPO or M&A or will they run it themselves?
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....
ImLearningFromSifu
292 posts
Posted by ImLearningFromSifu > 2022-06-03 10:39 | Report Abuse
i think not profit taking....
its T+3...
price no up... either sell or need to pay...
those cant hold... have to sell to minimise losses..
monday will be better after shaking off shorties today...