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Knight Therapeutics Inc T.GUD

Alternate Symbol(s):  KHTRF

Knight Therapeutics Inc. is a specialty pharmaceutical company. The Company’s principal business activity is developing, acquiring, in-licensing, out-licensing, manufacturing, marketing and distributing pharmaceutical products in Canada, Latin America and select international markets. It finances other life sciences companies and secures product distribution rights for Canada and select international markets. The Company invests in life sciences venture capital funds whereby the Company may receive preferential access to healthcare products for Canada and select international markets. It develops pharmaceutical products, including those to treat neglected tropical and rare pediatric diseases. The portfolio consists of pharmaceutical products with molecules and includes both in-licensed products such as Lenvima, Cresemba, Halaven, Trelstar, Akynzeo, Ambisome, Minjuvi, Imvexxy as well as products owned by Knight such as Exelon and Impavido.


TSX:GUD - Post by User

Bullboard Posts
Post by tkirk62on Jun 07, 2019 1:08pm
77 Views
Post# 29806565

Value of the TXMD rights

Value of the TXMD rightsAn interesting thing I caught: https://seekingalpha.com/pr/17537922-therapeuticsmd-theramex-enter-exclusive-license-supply-agreement-commercialize-bijuva-imvexxy

TherapeuticsMD just outlicensed the rights to Imvexxy and Bijuva for the rest of the world (ex. US, Canada, and Israel), for which it received an upfront payment of ~$16 million USD. If you'll recall, Knight got the rights to those products in Canada and Israel for essentially free as the deal was just that Knight would buy shares of TXMD.

The two caveats are that TXMD shares are down a lot since investing and Theramex is getting a much bigger market opportunity. But Still an exmaple of the discliplined deal maker Goodman is.
Bullboard Posts