RE:Bausch Reports Strong Sales Growth for TrulanceBausch did not report quarterly sales of Trulance for 2020 but 2019 Trulance sales were $55 million US = $70 m CAD, which was not for a full year .
As sales efforts in the US are still ramping up along with Strong growth in all quarters in 2020 , US sales of Trulance are likely to have an annualized revenue rate of $100 million US ($130 m cad ) in Q4 of 2020.
Canadian sales typically fall in the 10% to %15 % of US sales.
These statistics suggest that Canadian sales of Trulance in Canada will be above $10 million cad/year and probably settle in the $15 million level.
This will transform Ciphers growth outlook and market cap outlook.
The continuing discussions with Bausch on the Trulance status probably relates to just how much compensation / offer Cipher will get...