OTCQX:MRVFF - Post by User
Post by
need2stockupon Aug 30, 2010 6:40pm
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Post# 17397401
Covidien has some covmments
Covidien has some covmmentsIn Covidiens 3rd qtr conference call there was two comments about Pennsaid.
At the 8:28 mark to the 8:38 mark they said Pennsaid is meeting expectations.
At the 52:55 mark to the 53:45 mark they say that they expect Pennsaid to get to $ 50 million- $ 100 million in sales
Also in same comments they say new products ( probably Pennsaid) will take several years to reach those sales figures. They also said that those estimated figures are peak sales figures. They also stated that recent sales were do to higher then normal inventory levels.
Link to call. You can go right to those marks so it doesn't take long. When you are at the page click the click button that says that if you are not there in 5 seconds click here. Need2.
Link:
Q3 2010 Covidien Plc. Earnings Conference Call