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Impax Laboratories Inc. Message Board

  • frankposting frankposting Mar 16, 2011 11:18 AM Flag

    It's NOT Sustainable

    The high PPS of IPXL is not sustainable.

    IPX066 approval will be late 2012 as the earliest. With possible CRL, the approval will be in 2013. IPX066 has to compete with very cheap generic-immediate-release and cheap generic-extended-release. And IPXL only hired about 70 Reps -- not enough for a strong launch.

    1Q11 EPS will be around $0.15. Full 2011 EPS will be around $1. It will increase a little for 2012 and 2013.

    Since January, WS has had a lot of rumors and blind pumpings on IPXL. Major financial web-sites only have IPXL PPS data truncated since 2009 (due to the accounting problem from 2004 to 2008). Actually, IPXL reached above $25 in 2003 and down to single digit for a few years.

    Said enough. Do your own DD.

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