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


To: Strong Long who wrote (1884)4/26/2016 4:33:05 PM
From: mokelumne river  Read Replies (1) | Respond to of 2026
 
SL, it is hard to argue with the fact that launches and rights did not move the pps. And regardless of future scenarios, I do not envision the type of run up that other biotechs have had in the past, even with very good news.

I do think that the market is driven by US investors who are US centric. US investors (including many of us) saw the Abbott/Canada debacle unfold with agonizing drama. And US investors were right to be cautious about EU launches since the pace of Vitaros catching on there has been snail-like, especially with no advertising anywhere.

At this point, I am fine with hunkering down for a year, as long as the company can remain a going concern. I do not think the latter is a high bar considering that the debt is really pretty small at $9M and company intends to cut way back (60%) in terms of operating expenses. Even the specter of delisting is not a huge deal, although I am firmly in MI's camp that delisting is not going to happen, particularly in light of the timing of events that I outlined in my last post.

Thanks for the conversation. James