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Bullboard - Stock Discussion Forum 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... see more

TSX:MDP - Post Discussion

Medexus Pharmaceuticals Inc > I think people r over reacting ...
View:
Post by Rockafellow2 on Feb 09, 2024 11:56am

I think people r over reacting ...

To a 5% drop in revenue.
Dropping 30% in sp is not warranted.
Imo
Comment by zwerp2000 on Feb 21, 2024 9:40am
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 ...more  
Comment by Napcoo on Mar 23, 2024 8:05pm
The sales were hired for the treo launch, and assigned to other products, they were desperate to increase revenue to be able to be able to refinance with BMO, and raise by selling shares, now that the debt pressure is reduced, and treo is no where near, I think this is a negative sign of Treo. But the share is very cheap, fingers are itching, will wait