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DARA BioSciences, Inc Message Board

  • woodbarn woodbarn May 2, 2013 2:54 PM Flag

    Gelclair high probability of failure. Must meet minimum revenues and royalties. DARA thinks it can meet them, but will not.

    Gelclair high probability of failure. Must meet minimum revenues and royalties. DARA thinks it can meet them, but will not. I think that was the main reason previous licensees, OSI and EKR, failed. Anyway, it is probably too late as they signed the Helsinn agreement. OSI and EKR both signed 10 year deals. Both ended the license after 3 to 4 years. DARA also signed 10 year deal. As Helsinn's CEO has been there for decades, my guess is DARA probably got terms similar to EKR.

    Zacks analyst says EKR drove Gelclair revenue to $4 million in 2009. I do not see any evidence of that. But there is a footnote in EKR financials that says EKR paid Helsinn $2 million in milestone payments around that time. So even if EKR did somehow sell $4 million, they were out $2 million in milestone. Like I wrote before, if it were profitable to license, previous licensees would have continued selling Gelclair. It is common business sense. So why did EKR end license in 2010 and paid a termination fee?

    Soltamox still a dud, 2013Q1. Look for same or lower Soltamox revenue for coming earnings release in May 2013.

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    • Wood says and quote " Gelclair high probability of failure. Must meet minimum revenues and royalties. DARA thinks it can meet them, but will not" So wood has proclaimed that his resources and crystal ball have already proclaimed failure even as the product launched last week.. Bold call woody....gutsy

      And all based on past handling of the drug distirbution from others. Suppose you were put in charge of handling a task at work in which your predecessor failed, would that be an indication as to the way you would take on the task? What if you were labeled a failure even before you took the task on? Your response above shows the shallow thought process you posess. You're incapable of rational thought and probably a failure at what you do anyway. Woody the doom and gloom queen, so sad, Tell you what we'll do you a favor and Mark this Gelclair post just for you. Say I revisit this at year end just to compare and contrast, thats only a few months away and i bet that short of a time period will already prove your proclamation false.....

      • 1 Reply to mitch2bdog
      • Wood Do you own or have ever owned of shares of Dara ? Last time I asked you it was NO ,So why are you here ? You have no clue whats going on ,unless you work for the company ?? Did you read or see the deal Dara made with Helsinn ??? If you didn`t than you have no clue what you are talking about ...Are you going by what you think the deal is ?? come on get real ..Have you ever wrote anything positive about Dara ?

 
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