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ACADIA Pharmaceuticals Inc. Message Board

  • cansomeonetellmenowpls cansomeonetellmenowpls Apr 11, 2013 8:33 PM Flag

    Peak sales figure = $300M. Company now worth 1.0B+

    don't you longs see the issue with this? $300M total potential sales... PEAK sales. That's not $300M in profit... just sales. Sales cannot begin until FDA approval and market readiness of the drug - total time is about 2 years from now. The drug is good, for sure, otherwise the FDA wouldn't have said OK, but the application is focused only to Parkinsons... cannot be used for any other disorder. To treat other disorders, different FDA applications must be submitted and approved - multi-year process. This is going to settle in the $10 range which is still too high, but at least it'll be almost fairly valued. THis also leaves no room for a pop for when it does get the official FDA approval in 6-12 months since it'll already be fully priced in.

    Sentiment: Strong Sell

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