TSXV:TRL.H - Post by User
Comment by
eSnowdenon Sep 11, 2015 9:05am
120 Views
Post# 24095471
RE:RE:RE:RE:Name change effective immediately.
RE:RE:RE:RE:Name change effective immediately. In the investment community, this is known as "dead money." No impending catalysts to increase the market value, led by a cast-off CEO that is beginning to show why he was fired from Novartis.
Natesto was basically purchased for $25million-- no milestone payments will be collected. Endo has Fortesta for Low-Test, and Auxilium's Testim--both 2x products. How are they going to sell Natesto's 3x product? Instead of wasting a year trying to find a partner, should have taken some of the Estrace sales team and sell it themselves.
And Estrace, CEO says how sales are increasing. At the time the drug was purchased, sales were at $10mm, now they are at $8mm...how is this considered "growth?"