InvestorsHub Logo
Followers 6
Posts 2155
Boards Moderated 0
Alias Born 11/26/2014

Re: mopar44o post# 33991

Tuesday, 04/03/2018 3:58:57 PM

Tuesday, April 03, 2018 3:58:57 PM

Post# of 38634
mopar- a while back I was told that MNK launched late and contracts were locked up on Seroquel for either 6 or 12 months. So, 12 months will be coming up soon. It would be nice to see them start getting some actual market share at that time. But I am not optimistic. My guess is just another excuse like: off shore manufacturers like Lupin have eroded the price so far that Toronto manufacturing facility cannot compete. Thus Seroquel sales will not improve until there is a way to reduce manufacturing cost... So how is that Chinese deal for contract manufacturing and lower cost raw materials going? My guess it is one more of the many things IPCI management did not follow through on adequately... Thus no progress...