Waverley Pharma Inc V.WAVE

Great 👍, , Waves cancer drug approved in Europe

[moneywinner1]

Waverley Pharma Announces Grant of Market Authorization for Pemetrexed and Bortezomib in Multiple European Countries

[moneywinner1]

With SARS whining slowly , the next huge snd long story will be cancer drugs again , I'm loading Wave , approved USA sales and Approved Europe sales  makes this new company  Wave a huge target 

[bigkagan]

they say that the US market for these drugs is $3 bil. - even if they capture only 10% it's gonna  be huge

[moneywinner1]

This is just a start of a company 

[MirrorWorldMan]

I agree and like the news out of Europe and the US.  The cash bleed is an issue though, as it is with most promising companies of this size and I am interested to see what they do with Pemetrexed to bring in some revenue.   The ANDA submission for the six generics in the US should not be that expensive to do, (even with consultants).  The time to approval should be short as per

[bigkagan]

they also need sales people to sell these drugs, they don't sell themselves

[bigkagan]

there is also a website which keeps track of how many drugs are being sold by a company, I forgot its name but I used to check it in the past when I had a junior pharma company similar to this

[moneywinner1]

CEO and management must learn that without public knowledge of Wave there is no value . Get some news CEO and change Market makers to professionals with knowledge 

[MirrorWorldMan]

No doubt about it,these guys need cash soon.  Likely within the next quarter.  Even with potential help from any comercial partners their cash burn is at least .5 MM a quarter.  As low and respected as that is, their cash and receiveables are not enough to get them to the new year by my calculations and its a miracle they got through this far. I have seen this before in a high

[Abito]

i agree... and the way its trading in such a tight reange thier might be a financing in the works.