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Re: hogfan2 post# 9922

Tuesday, 02/03/2015 3:16:49 PM

Tuesday, February 03, 2015 3:16:49 PM

Post# of 38634
Aschoff observed, “Teva is not disclosing the specific drug candidate at this point due to competitive reasons, and we note that Intellipharmaceutics currently has 7 ANDAs under FDA review, with some of those ANDAs already substantially past the 35 months median review time for ANDAs. The FDA approved Intellipharmaceutics’ Toronto manufacturing facility in October 2014, about 3 years after the first approval in July 2011. As manufacturing facility approval is an integral part of drug approvals, we believe Intellipharmaceutics is well positioned for at least one ANDA approval this year. Currently, Intellipharmaceutics is partnered with Par to market generic Focalin XR in the US, but with more downstream economics from the Teva deal than from the Par deal, the Teva deal, in our view, will be more lucrative for Intellipharmaceutics.”

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