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Medexus Pharmaceuticals Inc MEDXF


Primary Symbol: T.MDP

Medexus Pharmaceuticals Inc. is a Canada-based specialty pharmaceutical company with a North American commercial platform. The Company has a portfolio of rare disease treatment solutions. The Company is focused on the therapeutic areas of oncology, hematology, rheumatology, auto-immune diseases, allergy and dermatology. The Company has two divisions: Medexus Pharma Canada and Medexus Pharma USA. Medexus Pharma Canada division is a fully integrated commercial infrastructure focused on rheumatology, allergy, auto-immune disease, specialty oncology and pediatric diseases in Canada. The division’s prescription products include Metoject (Methotrexate Injection), Rupall (Rupatadine), Cuvposa (Glycopyrrolate Oral Solution), Pediapharm Naproxen Suspension (Naproxen) and others. Medexus Pharma USA division is a fully integrated commercial infrastructure focused on rheumatology and auto-immune diseases in the United States. The division’s products include Rasuvo, IXINITY and Gleolan.


TSX:MDP - Post by User

Comment by zwerp2000on Feb 21, 2024 9:40am
98 Views
Post# 35890624

RE:I think people r over reacting ...

RE:I think people r over reacting ...You're missing the big picture. Their big revenue driver, IXINITY, is getting slashed big time. So much so they are materially cutting salesforce and efforts to sell it. That is not good at all. This means that revenues will continue to decline as will losses. The other drugs in their portfolio are nothing great so don't expect those to help. Management is a bunch of clowns clearly clueless on how to run a business. The only hope you have is approval of Treo but who knows if/when that will come and even if it;s approved, it will take some time for revenues to build. You can be talking 1-2 years from now if at all. No reason to own this stock when you know revenues will continue to decline, losses will pile up and there is no real catalyst coming near term.
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