Cessatech
Cessatech - Ventis Pharma US partnership - Q&A
Selected top 10 investor questions
- What is the expected revenue for 2024?
A: Revenue guidance will be provided once we have seen the early progression of the launch - but we expect a significant amount
- Could you explain the $200-400M market opportunity?
A: Ventis Pharma expects this `combined' opportunity to be both the `early access program' and the FDA approved drug, which would eventually equal sales (but pending discounts, rebates, distribution costs etc) within 5 years
- Do you expect a higher net income with a 50/50 split partnership?
A: We believe a lot in the long-term opportunity and have therefore decided that the 50/50 principle is much more attractive to Cessatech - the potential upside is much bigger
- Will you and Ventis Pharma have to find a third partner for the US?
A: No - we are all set with manufacturing, marketing, distribution - Ventis Pharma has a very strong commercial organization
- Why is Ventis Pharma your preferred partner?
A: Ventis Pharma has a strong track-record within pain management treatments and at the same time able to access the market early - a perfect fit for us.
- How big is this opportunity to Cessatech?
A: This is potentially a transformative transaction that provides a significant validation of our product and approach while at the same time generating revenue and hence financing to pursue our vision for providing better treatment options for children - this is a giant step forward for the Company and its shareholders
- When do you expect the US FDA filling and later launch?
A: We have a lot of work going forward so it is too early to be specific about the timing, but we should be able to give more information on this next year
- How do you envisage the commercial role for Cessatech in Europe or other countries?
A: We are in dialog - and it's still too early to speculate in what the final solutions will be - but we will update the market when this is relevant
- What is the biggest risk with this partnership?
A: We clearly feel that this partnership has tricked off all our criteria for success - as with any partnership it requires commitment and trust, which takes time
- What are the peak sales expectations?
A: It is too early to indicate, but Ventis Pharma will be more specific on this at a later stage. Ventis Pharma has indicated a market opportunity of $200-400m (within 5 years) in a market of +15 million annual incidents
Datum | 2023-06-30, kl 08:58 |
Källa | Cision |
