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Re: None

Friday, 03/08/2013 12:45:17 PM

Friday, March 08, 2013 12:45:17 PM

Post# of 10809
DND.TO / CPHMF This is a small Canadian Pharmaceutical which was mentioned on microcap kitchen the other day. I would post this on the VMC board, but I dont' have a premium membership...

The company has a few products approved, selling and growing very rapidly. The estimate for revenues of Absorbica, which began selling last Nov. are $200 MM at maturity. Cipher ought to get fifteen percent of that as royalties I think.

http://www.cipherpharma.com/files/DND%20January%202013%20Presentation%20-%20FINAL.pdf

I count 26MM shares fully diluted.
About 15 million in cash, no debt.

This is like a Biosyent on steroids.
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