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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

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Post by jtcommon on Oct 22, 2015 8:21pm

SP Recovery

There is now a divergent between the story of CXR and VXR.  CXR had been mistakenly labelled as "baby Valeant" for no other reason than they are both Canadian integrated healthcare companies.  But the similarity ends there.

Concordia has a model that buys products.  The completed acquisition of Amdipharm Mercury has provided Concordia a global platform that gives it a strong footprint in over 100 countries selling over 200 products.  Further, it is now in a unique position to benefit from such a platform to further acquire global legacy products from biopharmaecutical makers such as Novartis and GSK.  I would say that the future of the company is bright -- but you know that already.

-JT
Comment by puma1 on Oct 22, 2015 8:31pm
I think we are close to getting out of this but not quite yet imo............ If the next group of vultures, who hang with the short letter writers and hedge fund crooks come out with their NY lawsuits and class action garbage, I think we could see a final swan to signify the bottom. now they are as a group very fast vultures, go look at the number already filed against VRX, so I think there is a ...more  
Comment by jtcommon on Oct 22, 2015 9:27pm
I agree that it remains an issue with VRX, with its accounting practice and deallings with specialty pharmacy coming under the microscope. The class action lawsuit is an interesting aspect and that is also why I think that Concordia will face less of an impact -- it is just fortunate that it has not been listed in the NYSE for that long (not to say that a class action cannot happen in Canada, but ...more  
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