I wasn’t referring to you.
As far as your question, the injectable is easy and cheap when compared to the implant. The implant is outrageously expensive plus requires a medical procedure. Insurance companies do not cover the implant, nor is there any guarantee that they’ll ever cover the implant. Also Brady and everyone keeps speaking about court systems utilizing the implant for prisoners, criminals, drug addicts addicted, etc, etc. Tell me which court whereas the court or city paid for the implant and surgical procedure. Sure I can name a few done via the defendant paying out of pocket, but HELLO how many drug addicts are walking around willing to spend $9,000+ or even have the funds to do it? Sure as heck isn’t many. Courts and cities don’t even have enough funds to pay their public defenders enough but yet people speculate that they’ll pay a drug addicts tab for opioid treatment via implant? LOL.
Also keep in mind there are oral pills that are currently on market that do the same as the implant and he injectable.
I think it’s all smoke and mirrors honestly. Implant works, sure! For those who have the funds.
The injectable? Well apparently that was a pipe dream. There’s very likely reasons why they stopped pursuing it, more than is being told. So while “some” speculate it’s a buy-out from alkermes, I’ll speculate it failed or copy right infringement or something of bearish nature.
Now let’s talk about finances. Do you realize how little cash they have on hand? Those financial filings will come last minute and I’m betting they’ll cause price to drop upon being released.
I’m not saying this stock won’t make people money or rich, but just slapping the Ask and not having an exit plan, well likely it’ll cause those same investors loses.
Best regards.
