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Crescita Therapeutics Inc T.CTX

Alternate Symbol(s):  CRRTF

Crescita Therapeutics Inc. is a commercial dermatology company with in-house research and development (R&D) and manufacturing capabilities. It offers a portfolio of science-based non-prescription skincare products and early to commercial stage prescription products. It operates in three segments: Commercial Skincare, Licensing and Royalties, and Manufacturing and Services. The Commercial Skincare segment manufactures and sells branded non-prescription skincare products for the Canadian and international markets. It also commercializes Pliaglis, NCTF Boost 135 HA, ART FILLER, and Obagi Medical in Canada. The Licensing and Royalties segment engaged in licensing the intellectual property related to Pliaglis or its transdermal delivery technologies. Manufacturing and Services segment engaged in the sale of topical products manufactured to client specifications under the Company’s contract development and manufacturing organization infrastructure, and product development services.


TSX:CTX - Post by User

Bullboard Posts
Comment by TheRock07on Nov 14, 2016 7:32pm
154 Views
Post# 25459893

RE:Good Q3 Report --$23.5 million in cash

RE:Good Q3 Report --$23.5 million in cashReported sales of Intega products for Sept was $1.1 million or about $12 million per year.

Finished goods amounted to $3.3 million at Sept 30/ 16, so it looks like we are on a $13 million annual run rate which is quite good given that they are just beginning to expand the sales and marketing process.

Sept sales were 70% in Canada and 27% in US.

Acquiring Cipher's US dermatology assets with current sales of about $13 million with good upside growth potential would be a very strategic and accretive move..
Bullboard Posts