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Biotech / Medical : Apricus Biosciences
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To: Strong Long who wrote (1786)3/28/2016 3:59:54 PM
From: mokelumne river   of 2026
 
Thanks for your summary SL. I just listened to the replay. Pascoe confirmed what I suspected, than moving forward with Fis would have required tens of millions of dollars. So that is off the table and I am relieved of that aspect and the uncertainty of the outcome of Phase III trials. The company placed a bet on Fis and lost the bet. At least tens of millions were not lost on that bet.

Yes, we are back to Vitaros, a topical drug that many of us have followed for years. Unlike many micro-biotechs, the company has a product that is approved and being marketed in Europe with increasing sales, that is providing revenue, and that stands a reasonable chance of being approved in the US within a year. The picture could be a lot worse.
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