InvestorsHub Logo
icon url

jsbeach23

11/15/13 2:20 PM

#11171 RE: nbm16yankees #11141

Thanks yankeesfan! To clarify something in your post. There are a total of 10 countries approved as part of the Europe DCP approval. Subsequently, there is a procedural local country approval required to market in each country. So the current status is that apri has approval in - Netherlands, UK, Ireland, Germany and Sweden.

The 5 remaining are - France, Spain, Italy, Belgium and Luxembourg. So Pascoe said he is expecting approval for 4 out of these 5 to come through by year-end.

If there is any Majorelle partner benefit in speeding the approval for France, I would hope that Pascoe and team are getting the supply/manufacturing and other go-to-market activities ready with Majorell to launch very quickly after receiving approval. So if approval comes by Dec-end, French launch can happen as soon as Feb or March at the latest. Else it will time wasted... Urgency and pro-active action, that's the execution we need from apri management!