Saturday, April 23, 2016 11:24:49 AM
1.) Insurance cost surely was a legitimate reason
2.) Lack of training on amount and overall usage requirements
So if I'm right then it comes down to how does this changes and its two fold:
1.) Better insurance coverage which is coming and has continued to improve.
2.) Out patient centers that have trained practioners who will work with the diabetic community and more overall Physicians being educated thru the new MNKD sales force.
These out patient centers see hundreds of people on a regular basis and can drastically improve script counts in just the first 90 days of existence. Once the word is out and the script counts get up into the thousands it will be very difficult to hold back the ground swell.
Unfortunately, this looks like a second half of the year turn around story and if we get a better handling on the funding this Tuesday we should see a decent pop over $2 and will stabilize before moving to the next level.
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