Jump back to 2021 and Neuren Pharmaceuticals Ltd (ASX: NEU) share price consistently traded around $1.50 and occasionally breached $2. Within three years it would hit a high of $25 a share. NEU received FDA approval for a drug called Trofenetide, a drug which treats a rare syndrome called Rett Syndrome. With a drug on the shelves in the US, NEU now has the cashflows to self-fund the next leg of growth.
In this Australian Investors Podcast episode, your host Mitchell Sneddon sits down with Jon Pilcher, CEO of Neuren Pharmaceuticals (ASX: NEU) to discuss:
– The impact of trofinetide on Rett syndrome patients and families
– How Neuren partnered to distribute trofinetide in the US
– The lifecycle of drug development
– Neuren’s ability to self-fund future R&D and the opportunity with NNZ-2591
– Company culture and separating share price from business performance
If you love learning about ASX biotechs and healthcare investing, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube!
Topics Covered
– Trofinetide’s life-changing impact on Rett syndrome patients
– The commercialisation and distribution partnership in the US
– Stages of drug development explained
– Neuren’s strategy to self-fund future growth
– The culture at Neuren Pharmaceuticals
– The potential of NNZ-2591 and timelines for progress
– Why investors should separate business performance from share price movement
Resources for This Episode
– Neuren Pharmaceuticals
– Trail to a Texas Trial
– Visit TermPlus to learn more
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