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SciClone Pharmaceuticals, Inc. Message Board

  • trees36 trees36 Jan 25, 2013 5:20 PM Flag

    Momentum behind the stock

    This week is the latest additional China distribution deal with major drug company - Sinopharm.

    Sentiment: Strong Buy

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    • Sinopharm is the largest State owned pharma in China. Part of what they do is insure certain drugs will be available in case of an epidemic, pandemic, or emergency. Sinopharm has agreed to purchase a minimum amount to insure availability. In essence, the government is mainstreaming zadaxin through Sinopharm's massive market share of China, over 20 billion in sales. This should increase sales of zadaxin, Big Time. Sciclone's sales force is now free, (or forced), to market the Novamed line of products. Also, DC bead will be approved very soon. Sales force can concentrate on new products. This is the reason Simon Li is now on board with Sciclone. Huge move for Sciclone.

      • 1 Reply to usualsuspect9753
      • Oh, I think Sinopharm, like the other distributors, was surprised to discover that they were sold a lot more Zadaxin than what the SciClone sales people were selling to the hospitals and a lot more than they needed. Now with the exclusivity, Sinopharm will be the only buyer of Zadaxin and will only buy as much as the SciClone sales force can prove that it can sell, which appears to be significantly less than what Friedhelm and Gary were hyping to shareholders before the year long channel stuffing activity was revealed in November.

    • SciClone gets nothing for signing away exclusive rights to Zadaxin for China - worth several millions of $s. Good-bye to buyout prospects - who wants a company whose only profitable product must be sold to only one (very powerful) buyer? Another self-inflicted fiasco. I guess that's why Titus is being shown the door - rightly or wrongly.

 
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