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Apricus Biosciences, Inc. Message Board

  • virginawest4 virginawest4 Jun 30, 2013 3:52 PM Flag

    Why is CA launch taking so long? Any insight from current investors please?


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    • "Thank U robert.misovic (2 keep @ the TOP)

      From EMA: Awaiting response- no delays expected
      From the healthcare professional who first informed me of the launch delay back in Feb (Lin): response not yet received.

      From Abbott Labs:.... get ready for it..........................

      Every month I hound these guys about when they'll launch.
      "We are in the process"
      "We are working it out"
      "We don't know"
      "Sometime this year, but no details yet"

      And finally... today.. music to my fully invested ears

      "We are finalizing the launch. Expect news very soon. No confirmed date"

      Which falls in line with the original projection I got back in Feb for a July launch.

      People who are selling because they think Canada is a year away, it could very well be a month away."

    • Good question. We haven't gotten what I consider a clear answer. There has been mumbling about Abbott wanting a longer room temp shelf life and the particular specifications of Health Canada are a little different than those submitted to Europe. We are hopeful. However, what is certain is that the European market is ten times as large in Canada and that we are likely to see at least one launch in the next six months for one of the three countries that the company already has licensees for. The reasoning for the latter is that it often takes only one to six months to get market authorization after getting approval by the EU's European Medicines Agency.

    • it could be Abbott and APRI are getting paid to hold it up,they dont explain S**H**I**T to us, it seems they dont care as long as their pockets are full, some day soon this better end

      Sentiment: Strong Buy

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