TSXV:IPCI.H - Post by User
Comment by
Nogah3on Jan 16, 2020 9:24am
146 Views
Post# 30559633
RE:RE:Pipeline
RE:RE:PipelineRespectfully Kamooz, I think you missed the point. If oxycodone is going to be approved then that would open a $1.3 Bil market. Well IPCI just recently signed three of its FDA approved drugs that are also for the same market size (>$1.2bil). This will be reflected in Q4. Again remember that the oxycodone can be approved at later date (it is not scrapped). Another point I didn't mention in the last post is if you look at the MD&A you will notice that the company is not relying soley on USA market and is already in talks with Pharma in Vietnam, Malaysia, and Philipines to their products. Finalization of these agreements can happen at anytime. Unfortunately, for stockholders who don't appreciate how such businesses work, they will start panicing and will think they need to sell at any price. The company has huge potential through several drugs and has already shown it can enter the market through 4 FDA approved drugs. I hope this helps in deciding whether to sell the company at a quater of its fair value.