Dennis Panelo's questions to Quoin Pharmaceuticals (QNRX) leadership • Q3 2023
Question
The analyst asked about the total addressable market (TAM) for the Netherton syndrome product and questioned why Quoin, with its low valuation relative to cash, is not an acquisition target itself.
Answer
The executive estimated the total market opportunity to be substantially in excess of $500 million. Regarding a potential acquisition of Quoin, the executive acknowledged the company's attractive position but stated that such matters would be handled by the Board of Directors while management remains focused on execution.