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Biotech / Medical : Apricus Biosciences -- Ignore unavailable to you. Want to Upgrade?


To: eico20 who wrote (1840)4/11/2016 2:27:14 PM
From: Mirror Image  Respond to of 2026
 
Glad that you cleared that up for me. In my mind, I had Richard Pascoe saying we were on track for 500k units for Q1. Either way, we did 330K units during Q4 15, so 400K units would signify a 20% increase - quarter over quarter.

We all know that in order to help us get closer to our goal we need more Partner / Country launches.

I note again, No " Out of Stock effect" sentence in the forward looking statement of the New Corporate Presentation!



To: eico20 who wrote (1840)4/11/2016 2:35:10 PM
From: mokelumne river  Read Replies (1) | Respond to of 2026
 
Eman/MI, every time I think about profitability based on Vitaros, I come up with the following:

Annual operating costs, assuming a 30% reduction, are very roughly in the range of between $15M to $20M.

Vitaros royalties are roughly in the range of between $2 and $2.50 per unit.

To be profitable over those ranges, annual sales would have to be between 7.5M and 10M using $2 per unit royalty and 6M and 8M using $2.50 per unit. So, to fully offset annual operating costs, we are talking about sales in the neighborhood of say 2M units per quarter if my math holds or four times what they are on track to be selling in the near term.

Bottom line: The company's licensees have about 5 - 6 quarters to increase sales by four fold to achieve profitability in 2H17.

Is that doable?

Sandoz needs to get off its butt as all the countries approved for commercialization need to be selling...with no additional bumps in the road.