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Medipharm Labs Corp T.LABS

Alternate Symbol(s):  MEDIF

MediPharm Labs Corp. is a Canada-based full-service pharmaceutical company. The Company specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products. Through its wholesale and white label platforms, the Company formulates, develops (including through sensory testing), processes, packages and distributes cannabis extracts and advanced cannabinoid-based products to domestic and international markets. It also provides GMP flower sourcing, packaging, and distribution services for select international clients. In addition, it cultivates cannabis to sell as dried flower, pre-roll and other cannabis products for the adult use and medical markets. It also sells metered dose inhalers and aerosol sublingual sprays. Through Harvest Medicine, it provides clinic services to Canadian patients requiring medical cannabis education and prescriptions.


TSX:LABS - Post by User

Comment by QContinuum1on Jun 19, 2024 2:31pm
70 Views
Post# 36096398

RE:Quarterly call transcripts

RE:Quarterly call transcripts
mdjbrown wrote: If you have time to go back and read the quarterly call transcripts back to 2020, there is a lot of good info directly from the execs.
 
Q2, 2023
‘If and when our pharmaceutical partner is successful in their generic application to produce a generic Epidiolex and distribute it’……………………
 
Q3, 2023
“There are many other great commercial projects happening at MediPharm, including preparing for a CBD natural health product channel in Canada, preparing for future generic Epidiolex in the U.S. and growing our clinical study business.”
 
https://www.alphaspread.com/security/tsx/labs/earnings-calls/q4-2023



They can state they are preparing for Epidiolex launch all they'd like, but facts are facts, the ANDA associated with that is going nowhere until the patent litigation is settled (positively).  If negative, it goes nowhere, if positive it may well take a fair bit more time to even get FDA approval, let alone start with production.

It would be a (very) nice thing to have obviously, but if anyone is hanging their hat on Epidiolex winning the day for LABS, then I suggest you place your money elsewhere since that's about as much as a gamble as anything in the markets today. 

Fundamentally LABS is sound and strong, but they need to grow and execute without Epidiolex because that is just a pipe dream at this point.
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