Nuvo Pharmaceuticals Inc NRIFF

Primary Symbol: MRVFF

Healthcare Drug Manufacturers - Specialty & Generic

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

Nuvo Pharmaceuticals Inc

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Comment by geos571on May 05, 2015 3:12pm

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Post# 23696322

RE:New SeekingAlpha article on Nuvo

This was posted by an American investor......

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This looks like a company with a failed product that is trying to explain away the failure, and restructure itself. The ring fence they are trying to build is around themselves and their jobs. The ring fence around the cash is to keep it away from the stockholders
If that cash is not needed, as you say, then they could just return some of it to investors now. In someone else's hands I would say that using it for acquisitions might be a viable alternative, but not this management.

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