CHEAPEST FDA Play with MASSIVE upside potential .s
Post# of 53
MEGA Drug targeting a $3+ BILLION Market is close to NDA-Resubmission expected before year end with potential FDA approval in Q2 .Market cap of $21 million is a PURE GIFT , this low float stock could run to $4+ even BEFORE FDA Decision . Now is the perfect time to load up before the news about NDA resubmission hit the wire which likely will attract more new investors .GL
Evoke Pharma (EVOK)
Market-Cap: $21 Million
Cash: $6.5 Million
Price: $0.87
Shares Out: 24.1 Million
Presentation
https://evokepharmainc.gcs-web.com/static-fil...8d02a857e7
•Gimoti™: Novel nasal delivery of metoclopramide for the symptomatic relief of acute and recurrent diabetic gastroparesis in women
•Large market opportunity:~12-16M patients with symptoms (80% women); ~2-3M currently treated in US given limited efficacy from few available treatment options
•Only one FDA-approved therapy for gastroparesis: Metoclopramide (oral & IV) still has ~4M prescriptions of the oral medication prescribed annually
•Positive data from pivotal comparative exposure PK study: Gimoti demonstrated AUC equivalence
•Estimated $3-4B prescription market
•Resubmission of 505(b)(2) NDA expected Q4 2019
If approved, Gimoti would be the first non-oral pharmacotherapy for gastroparesis approved in 40 years; metoclopramide is currently available in oral and injectable formulations.
Evoke Pharma Signs Commercial and Financial Agreement for its Lead Product Gimoti™ in the U.S. with Novos Growth Partners
https://www.globenewswire.com/news-release/20...tners.html
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