Voyageur Pharmaceuticals Ltd V.VM

New Press Release - Voyageur Commences Testing of Innovative Barium Contrast Product Line in Human Radiology Scans, Paving the Way for Near-Term Market Launch

(TheNewswire)Calgary, Alberta, Canada – TheNewswire - January 13, 2025 - Voyageur Pharmaceuticals Ltd. (TSX.V:VM) (OTC Pink:VYYRF) ("Voyageur" or the "Company") is pleased to announce that it has begun human testing on its latest barium contrast suite of products (as outlined below). This is a...read article.

[lscfa]

Sept 05, 2024 -  The patient trials are anticipated to take approximately two months, encompassing comprehensive analyses of imaging scans and the preparation of independent white papers for each product. All testing is following guidelines for future FDA licensing. Brent Willis, CEO of Voyageur, explains, "Voyageur highlights that transitioning from generic formulations to a more

[lscfa]

What the hell is the business plan here? Sell barium contrast products at a loss to gain market share until they build their own mining and processing facilities?

[biggdogg]

You must be new?? They have always stated they are starting with contract manufacturer to prove economics. That way they don't have to build pilot plant for FC. A great strategy, and they do make money, just not 70% margins. After sales, feasibility is proven. It also allows their product line to establish market growth, further show casing the $344m valuation. 

[lscfa]

VM is going to import barium sulphate from China, same as others do, so no cost advantage until they build their own mine/plant. 

[JrOGInvestor]

They don't need to build a min, it's akin to a gravel pit. They don't need to build their own plant if the deal with 'Big Pharma' gives them access to cash to get something already built and tweak it. 

[postie1]

Yes, I do believe it is a quarry pit permit. If i recall properly there is some sort of processor to be built on site. The manufacturing will be elsewhere