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Alias Born | 02/04/2004 |
Thursday, November 29, 2018 10:10:30 AM
IPCI's entire generics pipeline has been a total disaster over the past 10 years and they can't even get 1 NDA FDA approved or partnered either!
5 generics approvals, of which only 2 are even commercialized and barely generating $2M revenue per annum while this company continues diluting $12 to $15M per year, only goes to show how poor this mgmt. team has executed over these past 5 years and why this stock has fallen a colossal -99.95%.
5 years ago none of us ever imagined a day where we'd be flirting with 2 cents a share...but that's the reality now, factoring in the pre r/s share price equivalency!
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