Jan 07th 2013 - Edison Investment Research today published a report on quickview entitled "Ultra-orphan Strategy". In summary, the report says:
Gattex was approved by the FDA last month for the treatment of adult patients with short bowel syndrome (SBS), it is to be priced at an eye-watering $295,000 per patient-year, significantly higher than expected. However, estimated applicable patient numbers in the US are considerably lower at 3,000-5,000 (than previous guidance of 10,000-15,000). These two effects balance out and Gattex’s peak sales remain guided at $350m/year, suggesting one-third of market penetration, at the lower end of the new market size.
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