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Cory Renauer

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  • Why Aegerion Is Worth 1,732 Times Sales [View article]
    If it is Kynamro (mipomersen) he is speaking of, I don't think AEGR has much to worry about. The CHMP has refused to recommend its marketing authorization to the EC, twice. (It gave a rare unanimous approval to lomitapide)
    Jun 13 04:10 AM | Likes Like |Link to Comment
  • Scrappy Upstarts Aiming For Pfizer's Xalkori Market [View article]
    Thank you for the feedback.
    The Response Genetics diagnostic looks very interesting. I would look into it further, but I'm afraid it is so close to Seeking Alpha's policy concerning minimum market cap and price, that it might not be published.
    Jun 12 10:33 PM | Likes Like |Link to Comment
  • Why Aegerion Is Worth 1,732 Times Sales [View article]
    Hello Arthurs1,
    I appreciate your feedback, but I think there is some confusion with the $295k annual maintenance price and the $235k initiation price. Those figures are on slide 23 of this presentation http://bit.ly/11wSnOK It was given at the J.P Morgan Healthcare Conference on January 8, 2013.

    The CEO's name is Marc Beer. On June 3, he said the combined US and EU HoFH population is between 7-8,000. If there are 7-8,000 in a population of 800 million, an estimate of 15,000 in the world population of 7 billion is very conservative.

    From theAegerion's 2013 10-Q: "Our JUXTAPID patent portfolio consists of five issued U.S. patents and issued patents in parts of Europe, Canada, Israel, Australia, New
    Zealand and Japan and pending applications in the U.S., Europe, Australia, Japan, Canada, India and South Korea, all of which have been
    licensed to us in a specific field. The U.S. patent covering the composition of matter of JUXTAPID is scheduled to expire in 2015, but we have
    filed an application for patent term extension for this patent. The non-U.S. patents directed to the composition of matter of JUXTAPID are
    scheduled to expire in 2016, but may also be eligible for extensions in certain countries. Our method of use patent covering certain dosing
    regimens for JUXTAPID expires in 2027 in the U.S., and in 2025 in the EU." Additional exclusivity granted through orphan drug designations is covered in the article under the sub-head: "Orphan drug designations and exclusivity"

    What is the name of the Sanofi/Isis drug you mentioned?

    I hope this clears up some of the confusion. Thanks again for the feedback.
    Jun 12 10:27 PM | Likes Like |Link to Comment
  • Why Aegerion Is Worth 1,732 Times Sales [View article]
    Thank you,
    I too believe gross margins on this drug are going to be about 85%. I chose 20-40% for an overall profit margin to account for the expense of developing new drugs, clinical trials, etc...
    Also, the company is providing a high level of ongoing customer care to ensure patients adhere to low fat diets.
    15,000 worldwide is an exciting figure, but I don't expect the company to be selling outside of the US and EU before the end of 2015.
    Jun 12 09:40 PM | Likes Like |Link to Comment
  • Exelixis And Cabozantinib: ASCO 2013 Highlights [View article]
    You're very welcome. Thanks for the feedback!
    Jun 10 02:00 AM | Likes Like |Link to Comment
  • Why Ariad's Iclusig Is A Potential Blockbuster [View article]
    You're right I did mean "CML with the T315i mutation"
    Jun 5 08:19 PM | Likes Like |Link to Comment
  • Why Ariad's Iclusig Is A Potential Blockbuster [View article]
    Thank you.
    I actually spent a couple hours attempting to make that table, but became so frustrated trying to incorporate all the unknowns that I scrapped it.
    The company has steadily diluted shares to fund operations. It ended Q1 2013 with $373.30 million in cash. That period was its most expensive one yet with operating expenses of $70.74 million. It shouldn't need to dilute shares further before reaching profitability on sales of Iclusig.
    If total sales hits $1.23 billion in by 2018 with a modest 30% profit margin, and without diluting shares further, EPS would be $2.05 in 2018.
    Jun 3 10:52 PM | Likes Like |Link to Comment
  • Freeport-McMoRan: 1 Good, 1 Bad, And 1 Dollar [View article]
    You're welcome. Maybe they should just go for an acronym!
    Jun 3 09:50 PM | Likes Like |Link to Comment
  • Why Ariad's Iclusig Is A Potential Blockbuster [View article]
    You're welcome. Glad you liked it.
    Jun 3 09:44 PM | Likes Like |Link to Comment
  • Chesapeake 2.0: The Chairman Is In, You Should Be Too [View article]
    Thanks for that
    May 29 10:05 PM | Likes Like |Link to Comment
  • Chesapeake 2.0: The Chairman Is In, You Should Be Too [View article]
    There's some good insight here into the asset-growth-at-all-costs nature of national oil companies and majors like XOM: http://on.wsj.com/1aBoLVF
    May 29 10:04 PM | Likes Like |Link to Comment
  • Great News For Gilead Sciences And HCV Patients [View article]
    Oh my... You're right there are about 1.665 Billion. Thanks and sorry. I'll fix this ASAP
    May 29 08:47 PM | Likes Like |Link to Comment
  • Pricing A Highly Probable Takeover Of MannKind [View article]
    Congrats George,
    you're getting a bump from Marketwatch: http://on.mktw.net/16P...
    May 22 10:54 PM | 1 Like Like |Link to Comment
  • Pricing A Highly Probable Takeover Of MannKind [View article]
    Read Alfred Mann opening comments carefully. He more or less suggests trial data shows that Afrezza controls postprandial peaks better, results in lower fasting glucose levels, and reduces the overall risk of hypos.
    http://seekingalpha.co...
    Those are some bold statements, but if true it solves above problem number 1 with a solution to 2 as an added bonus.
    May 22 10:51 PM | Likes Like |Link to Comment
  • 6 Ways You Can Profit From Molecular Diagnostics [View article]
    Well this is embarrassing. I allowed this NYT article: http://nyti.ms/18jpmfy to influence my opinion about EXAS.
    I wish I had written this back in mid-April when Wall Street overreacted the same way that I did. I could have realized an opportunity. Now that the article is live I can't correct it myself, but I will contact the editors to have the statement:
    "Convenience is currently its only benefit as the data released in April shows its detection rate is equal to, or worse than traditional screening methods that cost patients a tenth of what Exact Sciences is charging."
    removed.
    May 22 08:58 PM | 1 Like Like |Link to Comment
COMMENTS STATS
103 Comments
48 Likes