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-Preliminary findings demonstrate positive changes in children’s neurological function
-Positive effect of Mente Autism device demonstrated with statistical significance on patients measured to date
-Many of the children with autism scoring in a normal range after the treatment
-Update presented at Cambridge International Conference on Mental Health by independent lead investigator, Professor Frederick Carrick
Introducing our new Portfolio Addition: Neurotech International (ASX: NTI) |
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Today we are adding a new Investment to our Portfolio. We Invested in this company because it has three major share price catalysts coming in the next 6 to 12 months. Its backers and management have delivered success for us in the past. And it has spent the last few years building the groundwork to emulate the strategy of a similar company that delivered a 1,300% price rise over the last three years. (Note: this success is NOT an indication that today’s company will perform the same way) We have been following this company for a quite a while now, and with years of preparation now completed and three key catalysts coming, today we are adding them to our Portfolio. Each catalyst on its own has the potential to deliver a significant re-rate in the company’s share price… if successful. Our latest Investment is Neurotech International (ASX: NTI). Neurotech InternationalASX: NTIToday we will outline why we have Invested in NTI, and what we are looking out for the company to achieve over the 12 months, and also the potential risks we have identified and accepted in this Investment.NTI is an early stage biotech focused on developing treatments for rare neurological disorders in children, including:
…including one set of trial results potentially in the coming weeks. In terms of the impact on a share price, biotech clinical trial results are the equivalent of oil & gas drilling results - big catalysts. The clinical trial process is long, expensive and risky, but the prize is enormous on successful trial results and commercialisation. An example of a biotech that delivered successful clinical trial results is Neuren Pharmaceuticals, which rose 1,300% over three years (it now has a $1.4BN market cap). This rise was on the back of a successful phase III trial and commercialisation of a treatment for Rett Syndrome (yes, the same disorder NTI is currently running a trial on). NTI is currently capped at $55M - we Invested because we think NTI can follow a similar pathway to success as $1.4BN Neuren. (Assuming of course that NTI can deliver success on one or more of its three trials over the next 6-12 months - this is what will start the share price re-rate.) NTI has specifically created a strategy to replicate Neuren’s success. It is targeting several different neurological disorders in children with a key focus on rare disorders that are highly valuable to treat and have fast tracked approvals to market. NTI has set up the foundation to become the next Neuren… now NTI just needs to deliver the all-important successful trial results, and here is where the risk comes in. |
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