Foamix Pharmaceuticals Ltd (FOMX)

[tdeck]

A nice DD post by another investor, do not know him, but, I like his style, thorough, to the point and truthful no hype. Worth the read.

https://rezamusic.yolasite.com/fomx.php

Like the trading today shorts jumped n it had, once they realized it was not going under a certain point that hedges and tutes were going to figure this game out, the traders for the most part exited stage left, see a nice steady rise like Avita/ReCell was, similar company, similar strategy moving forward and almost the same exact commercial launch date.

I see another upgrade/reiteration coming, and after the Simhat Torah, celebration/holiday in Israel has passed I expect the company to put something out laying out their strategy going forward and a hard commercial launch date.

Call me crazy but I look for the final two lawsuits to be settled as well its the same company two subsidiaries I believe Taro Pharmaceuticals U.S.A., Inc. and Taro Pharmaceutical Industries, Ltd. I am guessing mind you that the second that was reported to have reached a settlement agreement today was due to not wishing to report 10Q with that hanging out there, so that made 2 of the patent infringement cases settled. One would think that the other two, same parent company would also with to put this behind them prior to their 10Q on November 4th we shall see.

We won't see any details $$ received from the settlements til the govt agency reviews it but guessing from licensing we receive for Leo Pharma per Q of $1 million I would imagine it will be in the millions total with the offending companies also having to cover lawyers fees, so should be a nice bump and a deserved one. I like seeing the company is not afraid to go after those infringing on their patents.



Peace out.