RE:News : ReformattedIVIG comes third in the PPPS extraction after plasminogene and fibrinogen if I am not mistaking. Also, I doubt that IVIG will be approuved in Canada before Ryplazim is approuved in US as Ryplazim approuval comes with PPPS process approuval with its news control check point. When I last talked with Fred and Simon Best, I was told they expect Ryplazim approuval the later end of H1 2019 to be conservative. So I don't see a Canadian approuval of IVIG before H2-2019 to be also conservative.
Also, I believe there could be a painfull financing coming (hopefully the last) in order to be in a stronger position to make a deal. Prometic is not going to wait until they have there back against the wall (I know they are already close to that wall!) to proceed unless they come with a deal with some upfront cash. But with a weak cash position, I believe they have no choice but to make a financing even at these level. That is what the market seems to think as well.
The AGM will be tough for the management this year, but next year should be much better.
Hopefully todays news wont follow the usual good news-lower SP as usual !!!
GLTA