Monday, January 22, 2018 5:33:17 PM
There has been a concensus on this board that IPCI was/is fearful of transferring their technology on Rexista for fear of theft... so why would they now transfer that technology to a country that is notorious for intellectual property theft... not likely this has anything to do with Rexista.
My guess... and it's only a guess... is that we have 2 XR drugs approved but gathering dust.
Keppra is minute in comparison... but Glucophage XR is HUGE. It's a very competitive field... but what is to keep IPCI from entering it with breakthrough low prices and capturing a significant share of the pie... they only need an understanding with a major distributor that they'll provide them Glucophage XR at a price better than what they're paying now... and might as well throw in we also have Keppra and Focalin XR (remember PAR's contract is NOT mutually exclusive).
Furthermore... I assume... that the licensing agreements with MNK have minimum sales requirements, just as they have time limits... might not IPCI possibly regain rights to market Seroquel Lamictal and Pristiq... if sales of Seroquel do not pick up???
p.s. I think that possibly... one of the 2 ANDAs they are expecting approval on is Ranexa... not partnered and not that much competition on it.
If they are not getting 40% or at very minimum 30% royalties on their ANDAs, then it was a mistake to not do a 10 million share offering when stock was over $3.00 and tackle the distribution themselves... it's not like an NDA that you have to develop a relationship with every doctor in town... you merely need to develop a relationship with a couple of distributors.
A small company like IPCI can become "extremely profitable" with (eventually) 9 approved XR ANDAs... we're talking about a combined ~ $5 BILLION market value... all they would need is a couple of %age points.
Recent IPCI News
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - IPCI • PR Newswire (Canada) • 03/06/2024 12:55:00 PM
- Canadian Investment Regulatory Organization Trading Halt - IPCI • PR Newswire (Canada) • 03/06/2024 12:51:00 PM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM