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HLS Therapeutics Inc T.HLS

Alternate Symbol(s):  HLTRF

HLS Therapeutics Inc. is a pharmaceutical company focused on the acquisition and commercialization of late-stage development, commercial stage promoted and established branded pharmaceutical products in the North American markets. It is engaged in addressing unmet needs in the treatment of psychiatric disorders and cardiovascular disease. It is also focused on products targeting the central nervous system and cardiovascular therapeutic areas. Its products include Clozaril, CSAN Pronto, MyCare Psychiatry and Vascepa. Its Clozaril is an atypical antipsychotic indicated for the management of symptoms of treatment-resistant schizophrenia for the Canadian and United States markets. CSAN Pronto is a capillary point-of-care medical device designed to enhance and simplify the mandatory safety blood monitoring process for patients that are prescribed Clozaril. The Vascepa (icosapent ethyl capsules) is a single-molecule prescription product in use to reduce the risk of cardiovascular events.


TSX:HLS - Post by User

Comment by microcaptton Apr 17, 2023 3:39pm
190 Views
Post# 35399065

RE:Anyone following HLS still?

RE:Anyone following HLS still?IMO the stock is dirt cheap.  Valuation is less now than when they went public.  At that time the stock valuation was primarily to the Cloz asset - they didnt even know they had a blockbuster in Vascepa at tha time (before Reduce-it results).  To me if you buy at these levels you are either getting Cloz for free or Vasepa.  I think there is a lot of buyer fatigue from early owners that were looking for more M&A and a faster start with the Vascpea rollout.  Covid/lockdowns and slow public resimbursement really hurt and pushed things out 18+ months.  It boils down to execution at this point and hopefully this new CEO can navigage the ship.  It def looks like an asymetric setup - I would think minimal downside risk from here and 1-2x possible in 24 months.  
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