TrovaGene (TROV) Stock Heads Up On Data Presentation

Trovagene TROV Stock News

Reason #3: AML Is A Huge Market Opportunity

Should all continue to go well in trials, and onvansertib be approved by the FDA, the opportunity for Trovagene would be incredible.

Currently, it is estimated that by the year 2025, the AML market will grow to be worth about $2.2 billion annually. While it would be foolish to suggest that one new drug would take the lion’s share of this market, TROV doesn’t need that result.

Currently, TROV trades with a market cap of under $10 million. As such, if the company were to break into this market and access even 1% of the opportunity, it would represent a meaningful value addition for the company and its investors.

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