Thursday, May 16, 2019 1:43:14 PM
Selling the initial rights was done in good faith and the terms were in the higher end of industry standards.
The company who purchased them were totally incompetent and not only with our implant but also on the injectable they partnered with another company.
After selling the rights titan had no control over the rollout except in advisory roll.
It was a complete cluster ____.
They regained the rights quickly and set about becoming a commercial company stealthily.
Since they have regained the rights they have put into place a pretty impressive sales structure and strategy.
According to yesterday's call that structure went live about 3 weeks ago with Wallgreens and the rest will come online quickly.
As per the call up until 2 weeks ago they were still shipping through the original specialty pharmacy which according to the cc was totally unacceptable.
Reading patient reviews online and catching them on YouTube it was plain to see the frustrations that they had in gaining access to probuphine. It was also plain to see that those who did gain access loved it.(find me a bad patient review)
I am long and hold a bunch of shares but have been lucky to have averaged down.
Wallgreens etal would not have gotten involved if they didnt see a market for it..It seems like they have finally figured out how to sell and supply this great product.
Looking backwards doesn't help but ask yourself this .if you had just come on board would you buy now .If you would let's look forward .if not sell move on and please quit the negativity
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