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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Roller007on Jul 24, 2016 10:36pm
196 Views
Post# 25080269

RE:Moody's Announces Credit Negative

RE:Moody's Announces Credit NegativeI posted that last week, it's not 25-50 million and they didn't lose their Moody's rating.  But nice try Yolanda.  The fact of the matter is that if a company went to the expense of FDA approval and regulatory process to introduce a  generic of nilandron then that shows the market for this drug is growing and can handle two formulations.  Sometimes competition has a healthy impact on a drug if the market demand is growing.  Nilandron is about 2.7% of Cxr revenue, assuming they lose half that, which is beyond worst case scenario, they lose 1.4% of total revenue which accounts for about 15 million.  Anyone can read the Moody's article and judge for themselfs. And I think this will give Cxr a chance to raise the price of nilandron which will make up for any lost revenue.  
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