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Tuesday, March 24, 2015 8:37:46 AM
Deepak commented, "Despite early IMS scripts, physician feedback has made us more confident in the long-term sales potential of Afrezza. While we are maintaining our peak estimates, we are now assuming the Afrezza trajectory will take ten years, rather than six. As a result of this more gradual sales ramp, we are lowering lowering our PT from $10 to $9."
The firm cut FY 2015 EPS from $0.41 to ($0.42).
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