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Medexus Pharmaceuticals Inc T.MDP

Alternate Symbol(s):  MEDXF

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 Finallytherockon Aug 03, 2021 10:07am
133 Views
Post# 33641850

RE:RE:MEDXF gets CRL

RE:RE:MEDXF gets CRLNone of what you said is true. The ceo had mentioned many times he felt extremely confident approval would happen and that they would get expanded indication for pediatric. This was somewhat based on their discussions with the fda. Go back and listen to the calls. They missed their numbers last quarter and if you look at the comparison to last quarter, they decreased which was a big question for analysts on the earnings call. They spent a lot of money for this drug and it's possible the delay and eventual approval could take 1-2+ years to work out. Not good. Ken had stated many times this drug was going to be a defining moment for the company going forward. This is not good. Hopefully for the company the CRL is not too harsh and that revenues reaccelerate next quarter. Kenn needs to come out and say something to shareholders
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