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Biotech / Medical : Neurex Corporation -- Ignore unavailable to you. Want to Upgrade?


To: NeuroInvestment who wrote (371)11/14/1997 6:45:00 PM
From: John McCarthy  Read Replies (1) | Respond to of 449
 
Chinmoy Roy and NeuroInvestment

Me confused ....

They have $68.0 mil. in the bank now.

They suck $10.0 mil. a qtr. in cash.

They are 2 Qtrs from a go / nogo on the pain killer thing

If go, 1 additional Qtr to get label and get it out the door ..

At that point, they would still have $38.0 mil. in the bank.

What does Corlopam buy the patient that its equivalents don't.
And is it worth and extra $185 a pop?

I thought they would have went for market share .... i.e. same
or lower PRICE POINT?

Hold it ... are we talking REALLY LOUSY MANUFACTURYING COSTS
HERE?

And the Higher Price needed to get back to a "normal"
gross margin %.

All things being equal, the gross margin % on Corlopam
must be off this planet at that price.

We'll find out in a quarter or to.

Regards,

John McCarthy

Regards,

John McCarthy