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HLS Therapeutics Inc T.HLS

Alternate Symbol(s):  HLTRF

HLS Therapeutics Inc. is a pharmaceutical company focused on the acquisition and commercialization of late-stage development, commercial stage promoted and established branded pharmaceutical products in the North American markets. It is engaged in addressing unmet needs in the treatment of psychiatric disorders and cardiovascular disease. It is also focused on products targeting the central nervous system and cardiovascular therapeutic areas. Its products include Clozaril, CSAN Pronto, MyCare Psychiatry and Vascepa. Its Clozaril is an atypical antipsychotic indicated for the management of symptoms of treatment-resistant schizophrenia for the Canadian and United States markets. CSAN Pronto is a capillary point-of-care medical device designed to enhance and simplify the mandatory safety blood monitoring process for patients that are prescribed Clozaril. The Vascepa (icosapent ethyl capsules) is a single-molecule prescription product in use to reduce the risk of cardiovascular events.


TSX:HLS - Post by User

Bullboard Posts
Post by StompinTomon Nov 12, 2014 2:21pm
232 Views
Post# 23121329

Sedar Disclosures

Sedar DisclosuresFound a few things of note:

- a new hedge fund Polar Securities (founded by J.Paul Sabourin) has accumulated a 10.86% stake, resulting in a filing
- some details on the lawsuit is they expect to have binding resolution or a trial date by October 31, 2015
- 35% of union labour force has already been let go + non-exec salaried staff have been given notice
- the good Q3 is backed up in a solid cash and working capital number; stock still trading at almost 10% below liquidation value
- in the MD&A, management says is actively investigating diversification ideas with an investment manager (not new info)

Bullboard Posts