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

Healthcare Biotechnology

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Re: Pharma Gets Fines All The Time
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Post by Craigbad on Oct 25, 2016 9:18pm

Re: Pharma Gets Fines All The Time

The thing is Concordias balance sheet is on the brink. They just issued debt to pay debt when the business was tiring on all cylinders. The company is not in a good position to deal with further reduced cashflow from the UK bill, the class action lawsuits hitting the courts shortly or a Cma fine which could be up to 10% of global sales. Any one of these things could push the company over the edge. I wouldn't doubt we see the regulators open an investigation soon either. This will likely end up a delist.
Comment by MrHulot on Oct 25, 2016 9:29pm
On the brink? They just closed a $350 million bond offering. Who are you kidding?
Comment by CounterAttack on Oct 25, 2016 10:35pm
This post has been removed in accordance with Community Policy
Concordia Healthcare Corp.
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