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Saturday, June 10, 2017 5:16:30 PM
In the past the CEO would provide updates on Libigel when requested. Now investor relations responds with "I'm afraid I cannot comment on the status of Libigel ".
Given the yet to be disclosed CV benefits, additional Breast Cancer reduction discoveries, three new patent applications, the trademark being allowed to expire without a new name being submitted to replace it and pulling the Libigel licensing opportunity from the Deals.bio website all points to ANI entering a Quiet Period with respect to Libigel.
Quiet Period
Incidentally, when I was speaking to the Abbvie employee, and rhymed off the following potential indications.
- HSDD $2-$3 billion revenue just by replacing off label and compounded prescriptions presently being issued later and potentially doubling when an FDA approved product hits the market.
- 70% reduction in cardiovascular events most likely targeting Hypertension and Dyslipidemia suffers
- Breast cancer risk reduction
- Cognitive Function improvement- Ani is sitting positive phase 2 data justifying phase 3 trial.
The 25 + year Abbott/Abbvie employee, who was unaware of Libigel,stated that the product would be a franchise unto itself with the potential to surpass Humira peak sale numbers, globally, and can't see them letting another company get a hold of it.
JMHO.
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