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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
Post by TheRock07on Jul 16, 2016 8:06am
319 Views
Post# 25058426

July 11 Presentation

July 11 Presentation Q2 numbers are posted.
Just over 10,000 per week for Q2 or about 135,000 btles for the quarter.

Prorata to Q1, indicates about $9.5 million in total sales or about $38 million run rate .

About $17.5 million for first half.

Second half is about 35%  stronger so $23 million or more in the second half seems reasonable.

This puts us on track for adjusted Ebitda of about $18.5 million or about $1.50 per share.

No debt and a rapidly building cash position of perhaps $2 per share or more by exit 2016, Nuvo should exit 2016 at or above $15.

Out licensing or accretive acquisition of other drugs would boost that valuation.

Otherwise, a somnambulant steady increase to $15 per share as the next 3 quarters report.

I can take that..
Bullboard Posts