(IGXT) MCap $29 M/ 2 Big Drugs awaiting FDA approval // 10 Drugs in Late Stage !!! TGT $10++
Unknown Gem with Brutal Upside Potential....
2 Big Drugs already under review by FDA another 1 NDA filing for Potency Drug and 1 ANDA filing for CHF will follow in the next 6 months .
IntelGenx Announces Submission of ANDA for Buprenorphine/Naloxone Sublingual Film Product for the Treatment of Opiate Addiction
According to IMS Health, U.S. retail sales of Suboxone(R) Sublingual Film were approximately $1.5 billion in 2012.
IntelGenx Announces FDA Acceptance of New Drug Application for Anti-Migraine VersaFilm(TM) Oral Film Product
According to Merck's most recent annual report, sales of Maxalt(R) were $638 million in 2012.
Only 20 M on the float ..IGXT has the Potential to hit $10++ within 2 Year ! GLTA
Market Cap : $29 M
Cash: $3 M
Burn-Rate : $1.5 M a year
Shares Out : 51 M ( 30 M shares are held by Investors )
IGXT´s Monster Pipeline :
Product ......Application......... Status of Development
INT0004/2006 Antidepressant -- US launch in 4Q 2012
INT0008/2007 Migraine -- PDUFA Date on Feb 3 2014
INT0007/2006 Erectile Dysfunction -- NDA filing lin early 2014
INT0001/2004 CHF (Coronary Heart Failure), Hypertension -- ANDA filing in early 2014
INT0027/2011 Undisclosed Partnered with Par Pharma -- ANDA under review by FDA
INT0020/2010 Insomnia -- in Pivotal Study
INT0024/2010 Idiopathic pulmonary fibrosis -- in Pivotal Study
INT0028/2011 Cancer pain (cannabinoid) --in Pivotal Study
INT0030/2011 Animal health -- in Pivotal Study
INT0031/2012 Benign prostatic hyperplasia --in Pivotal Study