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Michael Bryant
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Investor. Mission: Help people make money. Degree: Chemistry from NC State University. Featured author of Momentum Options Weekly Wrap (http://momentumoptionstrading.com/ ) Follow me on Motley Fool Caps at http://caps.fool.com/player/modestus1.aspx . For short-term ideas about big movers,... More
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  • IntelGenx: Approval is Expected, Significant Upside Ahead 4 comments
    Jul 28, 2011 11:01 AM | about stocks: IGXT

    This is some extra info about IntelGenx (OTCQX:IGXT) which I wrote about in my article Rapidly Rising Biotech, Pharmaceutical Companies with Big Potential.

    is a drug delivery company focused on the development of oral controlled-release products as well as novel rapidly disintegrating delivery systems. The company uses its unique multiple layer delivery system to provide zero-order release of active drugs in the gastrointestinal tract. IntelGenx has also developed novel delivery technologies for the rapid delivery of pharmaceutically active substances in the oral cavity based on its experience with rapidly disintegrating films.

    The company has no-debt, has a cash burn of $2 million per year, and has cash till 2013 without considering upfront payment from upcoming Partnership and without sales from CPI-300, which is expecting approval in December.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
    Stocks: IGXT
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Comments (4)
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  • larry luv
    , contributor
    Comments (130) | Send Message
    Page 20 of company presentation
    They lowered their CPI300 revenue projections.
    2013-3 million
    2015-8 million
    any concern?
    4 Aug 2011, 09:28 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (7347) | Send Message
    Author’s reply » Hm, thanks for posting that. I still think the selloff is overdone.
    4 Aug 2011, 06:02 PM Reply Like
  • johnny5c
    , contributor
    Comments (8) | Send Message
    Thanks for writing about IGXT
    28 Sep 2011, 11:47 PM Reply Like
  • johnny5c
    , contributor
    Comments (8) | Send Message
    Thank you so much for writing about IGXT
    28 Sep 2011, 11:48 PM Reply Like
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