RALLYYYYYYYYYYYYYYY AGAIN..And here is why this st
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SLNO-DD= Market Cap $27 M / 75% of Shares held by insiders & Institutions alone / Potential Blockbuster in P3 in PWS a rare disease with orphan status and no approved treatments to date /Market Size $2.3 BILLION /Undiscovered stock= Fair Value $4-6 right now and $20++on positive phase 3 results and FDA approval . GL
Initiating Coverage June 26, 2017
http://www.lifescicapital.com/wp-content/uploads/Soleno.pdf
•Company expects to initiate pivotal Phase III clinical trial by year-end 2017; will take approximately 9-12 months to complete
Soleno Therapeutics, Inc. (Soleno) is focused on the development and commercialization of novel therapeutics for the treatment of rare diseases. The company is currently advancing its lead candidate, DCCR, a once-daily oral tablet for the treatment of PWS, into a Phase III clinical development program at the end of 2017.
Market Opportunity for PWS is Substantial.
While the lack of approved treatments for PWS alone make it difficult to assess the market, sales of Pfizer’s (NYSE: PFE)
Genotrop in (somatropin) can provide some insight despite being indicate for PWS, in addition to, growth failure due to growth hormone deficiency(GHD),Turner syndrome,idiopathic short stature,and small for gestational age.This product achieved its highest revenue in 2008,with worldwide sales of approximately $900 million.While somatropin has been proven to improve growth and body composition, it does not affect the key disease component of hyperphagia and use is associated with substantial risk. Soleno is developing DCCR for the treatment of PWS,to help address the unmet need of this patient population. To assess the potential of DCCR for PWS, we performed a scenario analysis, which indicates that annual sales could be in the range of $1.1 billion given a moderate price point and 50% market penetrance.
Soleno Therapeutics Inc (SLNO) Stock Has Just Had Its Buy Rating Reiterated by Maxim Group. Shares now Have a $5.0000 Target
http://weeklyhub.com/eu-soleno-therapeutics-i...00-target/