Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Nuvo Pharmaceuticals Inc NRIFF


Primary Symbol: MRVFF

Nuvo Pharmaceuticals Inc is a Canadian focused healthcare company doing business as Miravo Healthcare with global reach and a diversified portfolio of commercial products. Its product targets several therapeutic areas, including pain, allergy, and dermatology. The company's strategy is to in-license and acquire growth-oriented, complementary products for Canadian and international markets.


OTCQX:MRVFF - Post by User

Bullboard Posts
Comment by JohnDDon Feb 19, 2015 10:46pm
242 Views
Post# 23446517

RE:RE:RE:RE:RE:RE:RE:RE:RE:No News in this case might be good News

RE:RE:RE:RE:RE:RE:RE:RE:RE:No News in this case might be good NewsYou are correct, I just checked the consolidated financial statements  on sedar and the number is now down to $193 million from $231 million last year. The 52 million net settlement Nuvo received from the MNK has brought the number down.

I would have thought that one would use a combined provinical and federal tax rate to come up with an estimated value for the cumulative tax losses.  I do not know the tax rate but would have guessed at something around 25%??



.


Bullboard Posts