Sunday, February 26, 2017 7:00:53 AM
May not be the deal that was speculated by Spyder, but none-the-less a deal is coming.
Just as with every ANDA approval up to this point, someone has to bring it to market, and I doubt very seriously IPCI would do it alone. I would like to think that a deal with the 500 mg and 750 mg strengths of the branded product "Glucophage® XR" would be every bit as much as the deal they just struck with Mallinckrodt LLC.
After all, the Mallinckrodt deal is with one tentative and two unknown if/when they will ever be approved...whom ever gets the deal with Glucophage will have a similar Collective market share of the U.S. $2.7 billion...but will have a product that is ready for sales right away...no waiting till May!
The nearly 6 million shares traded on Friday signals something is up...whether that be speculation of a huge deal, or only the Glucophage deal, it shows a huge interest in IPCI. We hadn't seen this much interest since the Mallinckrodt deal which allowed the pps to appreciate about a dollar in two days.
What ever the interest is, I like it!
We appear to be clicking on all cylinders at this time!
Good Luck everyone!
Thanks for all the great DD. Samsa, Rayank, Cysonic, Doug, Fabius, Numbers, & Noodle
In My Own Personal Opinion Of Course!
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