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IPCI received in Nov 2011 a pre approval for the manufacturing facility. They have 6 drugs in line at the FDA for approval with market size over 6 Billion in branded drugs. Large potential upside as they could be selling drugs in the 4th qtr of this year!!! Large markets. Company focusing on first to file or first to market, If one looks at a comparison of Par Pharmaceuticals who they have a partnership with they have 14 drugs with market size of 6 Billion. Out of those 14 only 4 are not licensed out. A little gem here!!!!
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