Avanir Pharmaceuticals Message Board
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Note from Canaccord on February scripts
March 13, 2013
MONTHLY IMS UPDATE:
NUMBER OF NEUDEXTA PILLS DISPENSED UP 3% IN FEBRUARY WITH 11% GROWTH IN RX
Total Nuedexta prescriptions filled in February were up 11%, with 3% growth in the number of pills dispensed in the same month. Recall that a new Medicare restriction on the number of pills dispensed per prescription (“short cycle dispensing”) has lowered the average number of pills dispensed per prescription, which is inflating Rx numbers relative to the absolute count of pills dispensed per month. Thus, 3% pills-dispensed growth is a better measure of organic growth in Nuedexta demand.Sentiment: Strong Buy
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always appreciate the straight facts-Thanks again
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just phacking amazing dolt sellers are letting their shares for de cheap bert de clown ist in hiding with rimrayjob
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Thx SRK
Seems like there are at least 2 competing factors in interpreting the 3% month/month growth. Most obvious is there are only 28 days in Feb vs. (effectively) 30 days in January thus tending to mean that the 3% number is artificially low. The other factor is that the January total is artificially low due to the LTC script rule change thereby tending to mean that the 3% number is artificially high.
Comparison of the Feb total to December's rough numbers suggests just under a 6% rise or about 3%/month. So I guess we are right back to the original number.- 2 Replies to onlyfactsplease
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Only facts
An easier way to look at it is by taking the avg pills sold per week during the two months.
Jan reported on the 4th,11th,18th,25th,and Feb1. Call it five weeks. I have exact pill count per AVNR for those weeks. Avg. was 130K pills per week. In Feb there were four weeks reporting( 8th, 15th, 22nd, and March 1. The avg pill count per week was 150K per week. A substantial improvement and a much better and clearer barometer in my opinion. It was the extra Jan days that made it closer than it really is.
Good luck to all longs
LaserSentiment: Strong Buy
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Onlyfacts you sure guess a lot
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SRK........thanks much, always appreciated.............Kel
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Thank you as always SRK !
Sentiment: Strong Buy
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thank you
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Thank you for this vital data, SRK, as always. Anyone who accuses you of being bearish for posting such actual, relevant information, is working without a brain.
SargeSentiment: Buy
- 1 Reply to reppeptgs
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have you been making money?
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Thanks SuperRichKid!!
Sentiment: Strong Buy
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