Favus downgraded Questcor to Sell from Buy due to slowing Acthar sales, the launch of a new Acthar reimbursement center during Q1, and short-term distribution channel changes related to lower Medicaid rebate.
Anthony... did you see my previous reply? Copy/Paste pertinent section as this doc or you muddled some info. Shows a lack of understanding on what a 'rebate' is. Post it and I'll tell you if he's off the mark or not.
what a joke...hearing Favus' a one-man shop by a guy who failed at both lazard and och-ziff.
aka a puppet for shorts who re-hashed conf call data from 3 weeks ago.
Elliot Favus M.D., Chief Executive Officer and Founder, Favus Institutional Research, LLC