InvestorsHub Logo
Followers 10
Posts 1060
Boards Moderated 2
Alias Born 09/04/2000

Re: DanWebzster post# 168

Monday, 05/21/2018 1:26:28 PM

Monday, May 21, 2018 1:26:28 PM

Post# of 438
CORI 's Alzheimer strategy looks like the best way to profit from this malady in the stock market.

Its Aracept weekly patch is a cholinergic treatment with GI benefits over the oral medication. It is being evaluated by the FDA under the 505B2 pathway for bioequivalence.

NDA submission for the Aracept patch will likely take place 1-2/19

CORI is also taking eh bioequivalece pathway for their Mementine patch. Mementine is the second most subscribed Alzheimer medication.

CORI will not commercialize these products. They are looking for partners.

Cash runway could extend to the presently anticipated PDUFA date for the Aracept patch.

Their primary source of income right now is the manufacturing and technology of Crest White Strips for Proctor & Gamble. CORI is in the middle of a project to meet increasing demand for this product by expanding production capacity.

CORI burned $18mn in the most recent Q. Revs increased ~42% YOY.

CORI is also involved in helping its partner address a CRL for Twirla

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.