User:LouveniaWhitten

I am convinced that the existential crisis is solved internally, and that happiness doesn come from finding your passion or getting what you want. I haven solved it, not by a long shot. But the more I focus on my relationships and helping others (and the less I focus on myself), the happier I am..

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iPhone Cases Sign in / Join NowSummaryPrometic is a Canadian biotech that is arguably very undervalued, and has potentially a great return for investors.When compared to its peers, Prometic has an impressive and competitive pipeline.The lack of partnership, a critical weakness in the past, now takes on a new light as Prometic first product is set to reach the market in the near term.Prometic is a Canadian biotech company that is not having an easy time. A SA article last year was so critical of the credibility of the company management as to describe the company as 'a graveyard of broken promises'! Whether its short thesis on Prometic is sound or not, the article casts persistent doubts in the minds of US investors about the prospects of this Canadian company.This article focuses in on the clinical development of Prometic, as well as its finances; and compares it to two other comparable pre revenue biotech companies, FibroGen and Galapagos.Science All three companies (FibroGen, Galapagos and Prometic) have very impressive drug pipelines.Figure 1: FibroGen's Pipeline (source: corporate website)Figure 2: Galapagos' Pipeline (source: corporate website)Figure 3: Prometic's Pipeline (source: corporate website)There are two Important things to note from these graphs: firstly, none of these companies have any product yet on the market; and secondly, all the respective drug candidates are to date reporting positive, promising results in various trials, with all three companies moving forwards on the regulatory path. However, it is a given in biotech investment that there is always risk of a future trial failing to replicate the earlier positives results iPhone Cases..
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