PEB - Pacific Edge Ltd

[Xerof]

Perfect time to post that chart of investor sentiment on the graph if anybody has a copy. Where are we at now?

Not a very good description, Hope, but there you are.

although, reading winners posts, he's already at "excited"

[sharp]

From this morning’s radio interview with David Darling on the melanoma test commercialisation;

“The melanoma test could reach the market relatively soon”

“This particular opportunity lends itself nicely to a partnership with a company that might be developing a drug for melanoma, and in such a situation they look for new tools which we call campaign diagnostics and they use those companion diagnostics to sort patients going into the clinical studies to make sure they are getting those patients that will respond to the treatment.”

“So if they can use this test to segregate patients with recent tumours then put them into their clinical study they can determine how their new therapeutic will work and then subsequently if that therapeutic gets through to the market they’ll use the companion diagnostic on every patient that comes along with a melanoma to determine whether or not they will respond to the drug.”

Most new therapeutic developments by companies today require companion diagnostics so that’s a huge opportunity for the company, and so it may require only a limited amount of work by us in conjunction with a partner to bring about quite a significant commercial windfall”

Well, ....., and could that possible partner even be Roche ?

http://www.reuters.com/article/2014/...0FJ0HN20140714

Sounds like PEB is already in talks with potential partners.

From what I understand, the pharmaceutical company carrying out the clinical trials will have to have their procedure including that of PEB's go through an ethics committee..

My question is does this test itself have to go through a clinical trial test?

[MAC]

Sounds like PEB is already in talks with potential partners.

From what I understand, the pharmaceutical company carrying out the clinical trials will have to have their procedure including that of PEB's go through an ethics committee..

My question is does this test itself have to go through a clinical trial test?

Yes, one would expect so, Pacific Edge will need to achieve regulatory approvals also to go fully commercial.

In the context of working with a partner, it may be that they sequence their respective trials and work toward commercialisation in parallel, over say at a guess, a 24 month duration.

Though, in the example I posted yesterday, Oryzon were provided with $21 million from Roche up front when the partnership was formed, plus an agreement for potential development, commercial and sales milestone payments that could exceed $500 million, together with tiered royalties on sales which range up to mid-double digits.

http://www.roche.com/research_and_de...2014-04-07.htm

All these sort of developments will have different values, however it does seem likely that a similar type of agreement may be reached between Pacific Edge and any prospective partner.

The commercial windfall comment this morning from David Darling was interesting in this context.

[ddrone]

Traders be trading. Large resistance at 96, I'm gonna look for another dip. Will likely need more good news to keep up the rise for now.

[skid]

If it cruses along at this level for a while till the next development thats fine --no need for greed--a bit of ''steady as she goes'' is not a bad thing.

[sharp]

Shall we have some fun and guess where the SP will end on today? and what it will be on open Monday?

[sharp]

Shall we have some fun and guess where the SP will end on today? and what it will be on open Monday?

I will start with...

Close 96c
Mon open 99c

[ddrone]

Shall we have some fun and guess where the SP will end on today? and what it will be on open Monday?

91 Close, open 94 Monday.

[Dentie]

Huljich selling out... I hope the share price now triples.

on another note sure to be some profit taking between now and the close.

Funnily enuff, I agree with you here snapiti. The nervous Nellie's often like to take their profit every few cents. Makes them feel like they have achieved something.

[sharp]

Time to see some action - nearing close of market.

To be honest, I'm looking for some opportunistic buying - the nervous nellies who will fund my next AMG.