Clinuvel Pharmaceuticals (CLVLY)

[FarmaZutical]

Penguin, you know that I am aware of SS. I ascribe your aggressive attitude and you misunderstanding my post to the language barrier. But please try to keep it civil.

1) My comments were to clarify which arguments Clinuvel could use to make it clear to reimbursers why $7000 is not a baseline price and why the new price is totally fair.

2) The price has not been established.
Clinuvel is asking a new price which is subject to negotiations. It might stay at the current asking level but I anticipate it to go down by 5 % - 15 % which is standard. It's still a very good price, though.

3) Again, the point that you missed, is that there is no connection between the old compassionate use price and the new price Clinuvel will end up with in Europe and, hence, the insurance companies cannot claim that Clinuvel is hiking the price. They are establishing the price, and there is a big difference.