Intellipharmaceutics International Inc. (IPCI)

[wimuskyfisherman]

Angelo- You yourself said PAR has about 34% of the 15 and 30mg Focalin market. That market is $200M annually. 34% of $200M is $68M. IPCI is getting $2M or 3% of that $68M. 1% of the total $200M. I highly doubt they will get a 30-50% royalty on the Seroquel sales. Use common sense here. The deal is better on Seroquel but not by a factor of 10. Once again, $1M per month and maybe $1.25M and I will be jumping for joy with $1.5M per month.