Futura Medical Share Discussion Threads

[j777j] 28/6/2019 06:47

htTP://www.liberum.com/videos/futura-medical

[j777j] 28/6/2019 06:45

Barder very bullish in latest video interview.There is "huge interest" in the Med gel.

[ragnarr] 26/6/2019 08:59

Good consolidation around the 30 mark - have to remember we have gone from 6 - 30 this year and whilst that is peanuts compared to where it will be on commercialisation I think we are good to consolidate here ready for push to 40/50 in next couple of months. I just keep adding and now very heavy here

[mikethebike4] 26/6/2019 08:07

flurry of activity in the States recently

[wantage] 24/6/2019 15:33

So LO now buying into Silence therapeutics.

[ny boy] 20/6/2019 18:08

Excellent progress after the pull back, I added at 21p... hopefully this one can follow (STX)which is I feel is ready for greatness next month fingers x’d

[j777j] 20/6/2019 13:39

Not really when it is possibly worth 140p. Even that number from Liberum is based on numbers far lower than Futura has garnered from the likes of Ipsos. Futura "The potential market for this product is large with potential peak sales in excess of US $1 billion. If MED2005 is approved, there is an estimated $560M prescription-only market potential (sources: Decision Resources and Cello), and an estimated incremental $660M+ market potential as an over-the-counter (OTC) product, in markets where switch is possible. (source: Ipsos Mori forecasts commissioned by Futura)." Liberum we forecast a peak sales range of £230- 500m So if Futura is right then it follows the share price could be 280p not 140p. Food for thought

[wantage] 20/6/2019 12:50

Looks like LO stopped selling for the moment - Strange not to let a few more go in such a strong market.

[cf456] 20/6/2019 11:10

Simon Thompson - "I maintain my view that Futura’s share price has the potential to multiply many times over if the £62m market capitalisation company delivers the headline data that potential commercial partners are looking for."

[j777j] 20/6/2019 11:00

Now we realise why it hit 90p a couple of years back,on the prospects. It went from 14p to 90p in a month. It certainly puts the Liberum 140p in perspective as we have been close to that before. The huge difference is we are now within 5 months of phase 3 results I see this as serious multibagger.

[cf456] 20/6/2019 10:56

hTTps://www.investorschronicle.co.uk/comment/2019/06/20/futura-s-huge-potential-arouses-investor-interest/

[ny boy] 20/6/2019 08:16

Excellent progress, stay patient as we head for 100p + next year. (SKIN) another one about to take off too dyor

[j777j] 20/6/2019 07:45

From the Liberum report. "Under the Highly Successful scenario, we believe Futura is worth £1.40 per share, almost 8x its current value." Let's hope for that outcome.Meanwhile I expect a significant advance towards their current risk adjusted 60p share price. Also worth bearing in mind Liberum's sales forecasts are very conservative .

[wantage] 19/6/2019 15:13

mike whatever you paid I think you'll get your money back.Too many false dawns in this stock, and too little institutional presence but it looks like finally it's coming together.I think Liberum are now supporting it.At least we know what we're aiming for and we'll know by end of Dec we'll have conclusive results.Seems LO still selling - 175K sale lunchtime.

[mikethebike4] 19/6/2019 13:18

if only CSD500 had had regular progress RNSs, like Med is now having, I wouldn't be sitting on a thumping loss on FUM like I am

[ragnarr] 19/6/2019 11:18

I do rather like this sort of confidence from the Broker The broker added that the Phase 3 trial for MED2002 was “low-risk̶1; as the study currently had 20 realistic outcomes, only one of which would mean the treatment could not be launched commercially. As a result, Liberum said Futura’s current share price was a “very attractive entry-point” with even its risk-adjusted valuation pointing to upside in the shares of over 100%.

[horneblower] 19/6/2019 10:20

https://www.proactiveinvestors.co.uk/companies/news/219194/futura-medical-looking-ahead-to-completion-of-key-phase-iii-ed-trial-219194.html ???

[ragnarr] 19/6/2019 10:20

J777J I think you could be right. The main focus is obviously on MED2005 but there is definitely news due at some point re TPR100 TPR100 - topical non-steroidal anti-inflammatory for the pain and inflammation associated with sprains, strains and bruises and soft tissue rheumatism In July 2018, Thornton & Ross, a subsidiary of STADA AG, Futura's UK commercialisation partner for TPR100, filed a marketing authorisation application for the product with the UK Medicines and Healthcare products Regulatory Agency (MHRA). In February 2019, the MHRA responded with some questions requiring some additional laboratory studies which are in the process of being conducted in order to address the MHRA's questions and allow the submission to progress and complete the review process. Futura has ongoing commercial discussions with several potential distribution partners for territories outside of the UK. Finalisation of such regional licensing deals is expected to be after UK regulatory approval.

[j777j] 19/6/2019 09:48

Ken James sounds extremely chipper. Still in ongoing commercial negotiations. My hunch remains a deal maybe closer than many think.

[alchemist1010] 19/6/2019 09:33

Proactive Investor Interview: Sorry - I am struggling to upload the link here.

[rrr] 19/6/2019 08:24

Pleased to see recruitment completed on time and on budget, well done FUM.

[ragnarr] 19/6/2019 08:18

Should hopefully see a nice steady rise to maybe 35/40 over the coming months and assuming data is good at the end of the year the sky is the limit then

[j777j] 19/6/2019 06:49

Ties in nicely with this "Futura Medical PLC’s (LON:FUM) data from a Phase 3 trial of its MED2005 erectile dysfunction treatment could drive the share price up over 500% according to analysts at Liberum Capital, who on Monday initiated the stock with a ‘buy’ rating and 60p target price. In its initiation note, the ‘house’ broker for the AIM-listed pharma firm said they expected positive data from the Phase 3 trial for MED2002, which is expected to be delivered by December this year." So maybe November we will know the outcome.

[j777j] 19/6/2019 06:14

James Barder, Chief Executive Officer, Futura Medical said: "We are extremely pleased to complete recruitment of over 1,000 patients for the first European Phase 3 study, "FM57", of MED2005, within our expected timelines and budget and I would like to thank all parties involved in reaching this important milestone. The Company's focus is now on the Phase 3 data read-out at the end of the year, which we hope will significantly clinically de-risk MED2005, and help provide commercial partners with greater certainty around the potential opportunity it presents." The potential market for this product is large with potential peak sales in excess of US $1 billion. If MED2005 is approved, there is an estimated $560M prescription-only market potential (sources: Decision Resources and Cello), and an estimated incremental $660M+ market potential as an over-the-counter (OTC) product, in markets where switch is possible. (source: Ipsos Mori forecasts commissioned by Futura).