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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 11:25am
136 Views
Post# 33642334

RE:RE:RE:RE:RE:MEDXF gets CRL

RE:RE:RE:RE:RE:MEDXF gets CRLDisagree. This is a canadian company so very few, especially US investors, really follow the story. The volume is next to nothing. The valuation is normally discounted to what a US company would trade at plus biotech is completely out of favor so even US companies who are actually getting FDA approval go down. My concern was that getting fda approval may not move this stock that much. Now, with a CRL, we are getting hammered. Earnings was verey disappointing last quarter but i think the stock held up because Ken was emphatic that they'd get fda approval so investors wanted to hold on. Now with the CRL, the stock is going to take a big tumble. They better deliver better numbers next quarter or ken will have ton of explaining to do. As it is,  he will probably get an earful about the crl today. It would be nice if the company came out to say something. Ken had said mutliple times they fully expect approval, and even expanded approval for pediatric, based on their dialogue with the fda. what happened???
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