Zev down significantly q4 v q1, Fol down sig q4 v q1, Fus down sig q4 v q1....Licensing UP sig Q4 v Q1...If it weren't for the licensing, they would have missed big. Couple this with the lack of transparency and the bomb Raj tossed in March and I can't figure out WHY anyone would stay with this stock and continue to have faith. I was long, now I'm not...I'm not bashing, just stating FACTS. As far as increase cash position, well that can be done many ways with out increasing company value - I was hoping that Z and FOL would be huge this quarter as to start looking for re-entry....It has not happened.
very convenient for this unethical guy to keep saying generics will compete amongst themselves and fusilev will grow from its $200m/year, sell his $8.8m stock and then now give guidance of $180m for the overall company.
Their statements on the CC have been - understandably - guarded. Looking at the Fusilev wholesaler inventory numbers and the IMS sales data, We should see much better Fusilev sales in the second quarter and steady-state sales for the rest of the year at 75% of pre-competition levels.
The remainder of the pipeline brought $17.5 million this quarter. That's $70 million per year. Add licensing revenue of about $20 million for the year and you are looking at about $190 million per year.
If you assume that the sales force can grow current revenue by only 5-10 percent you're looking at $200+ million per year.
I think Spectrum management is scared to be optimistic in public.
Do you know what total Fusilev sales were in 2012? It would seem that in the 2nd half of 2013 and thereafter that ongoing Fusilev sales should at least be 70% to 75% or so of the aggregate 2012 sales. Hospitals also will continue to use some Fusilev.
rv.........after March price drop, I certainly can see why they are scared to be optimistic. But, listening to their comments, there is a positive tone that I liked. I think their business plan going forward is stronger now thanks to thier past experience. They want to make sure last March's decline never happens again/