Medicure Inc V.MPH

New Article

[prophetoffactz]

As the CEO continues to buy shares here's a new article suggesting why. Some of the top clinicians in the world are involved with a study about to commence in Q4. Approval could be a game-changer. MPH has already received a Priority Review Voucher that could be worth US$100-US$200 million.

Pg. 20:
Insights Magazine - BIOTECanada (biotech.ca)

[Winnipeg40]

They do NOT have a priorty review voucher.  They may be eligible to receive one however.  My prediction is that before the trial is completed, MPH will be out of money, the drugstore purchase is a disaster and Zypitimag sales are not increasing in line with what they paid (at least supposed to have paid as I have not seen any payments through the cash flow statement lately)  and

[prophetoffactz]

The CEO has purchased >$60,000 worth of stock in the last five months. He's comfortable with MPH's direction. There has been no insider selling. AGGRASTAT's price has already been crushed by other drugs on the market that went off patent so there may not be much price erosion left for an off-patent version. It's only a $12 million market so most companies won't care and MPH

[Winnipeg40]

Aggrastat's net realized price to MPH will likely decrease over the next 12-24 months by 50%-75%.  Contracts with US hospitals are typically for one year and that is for pricing. If an alternative is offered, they can just stop buying. There are no volume guarantees..period Zypitimag was purchased for several million dollars although looking a their last few cash flow statements it does

[prophetoffactz]

"Aggrastat's net realized price to MPH will likely decrease over the next 12-24 months by 50%-75%." Given MPH's gross margin last quarter was only 58.6% there is no chance of that. The drug business isn't a charity. The price of AGGRASTAT has already been hit by generic competition. MPH is a long and trusted supplier of the product and has been contracting with patent

[prophetoffactz]

The CEO has now bought >$71,000 worth of shares in recent months having added another $11,000 last Friday.

[Winnipeg40]

That would be about 1/2 the related party fees he takes in LOL  Not to mention a 300K salary for someone who made an investment a few years ago with MPH's money of 10 Million and was written down within a year to ZERO.....and with a 300K Salary, what is the "President" doing at 170K....that is a very expensive butt kisser yes man

[prophetoffactz]

CEO buys another $16,720 worth of stock further adding to his recent buys. $16,720 +15,200 vol $1.10 each

[prophetoffactz]

CEO buys another $14,140 worth of stock as he continues to add to his holdings.

[prophetoffactz]

CEO buys another $67,000 since last post.

[Winnipeg40]

Great deal...take a bunch of cash out of the Company in related party transactions, an inflated CEO salary for working part-time and 60% of time on multiple other Companies, private and public while in Florida a good part of the year, charge rent for more office space than double what is needed and then use the funds to buy more shares.  Great gig if you have no morals