Absolutely agree with you!! There are MANY ways SNY can and should justify their 65%. IMHO they are not currently justifying their cut. Once we get to 250M in annual sales the bar is much higher for them to prove their worth.
Yes I'm impatient with them too but at the moment I'm more frustrated with SNY. Mnkd management is at their mercy at the moment. Don't get me wrong. I'm not s CEO and I'm sure the exact number I suggest is very nieve but there IS a point where SNY is a burden, if they continue to do nothing for DTC, worldwide marketing, or taking our sales to the next level.
Exactly OPC what is the strategy? At some point we as share holders have to understand why they deserve 65% of the profits! Without SNY in the picture we are looking at a viable company with 250M in annual sales. We only need to justify a mega-blockbuster because of SNY. If they are going to continue doing nothing to get us there I say good riddance. My patience with their "strategy" is wearing thin.
Good new is that if symphony only represents 2/3 to 1/2 of actual script count we are almost half way to the necessary 1900 scripts, with no help from them!
I'm sure my impatience is showing here to some extent but yes that's exactly what I'm saying. I have to ask you? What exactly is SNY doing? I cannot believe they are using even a fraction of their sales force to market afrezza right now. Yes I believe social media is responsible for the vast majority of our current script count.
Yes sorry calculations have minor errors. Actually based on 1900 scripts per week and stock price would be 7.39 per share.
This puts us at or near break even numbers for 2014 operating expenses / loses which should be significantly lower in 2015. If we are at break even without SNY support and with growing script numbers. Why give SNY 65% of the profits? I'm sorry but I just don't see what SNY is doing for us right now. As far as I'm concerned all our current scripts are due to afrezzauser, afrezza guy, and Eric.
Is the line I'm drawing in the sand to determine MNKD's stand alone strength
1950x52weeks-= 97500 / year x 2200= 214.5 million x .68 profit margin x 20 multiple= 2.92 billion / 400 million shares = 7.29 / share
If we can achieve these numbers basically without any real marketing support from SNY I say we go it alone.
Good luck to all longs.
I have to agree. Insurance slow, international slow, advertising slow, ADA weak, I'm impatient for them to display their "world class" marketing
Just for the record Sam and Afrezzaguy took the time to educate us and they answered the question. Thank you to them.
@AmyDBMine TY for the feedback. My GF is about to start. She intends to use humalog pump for basal. What are you using? TY.
@ST_SquadCar @AmyDBMine I don't loath her at all. I have a loved one preparing to start afrezza hoping to improve.
@ST_SquadCar @AmyDBMine Help me help her? I'm not getting any actionable advice? What should she do to succeed?
LMAO "Diabetes Educator and Advocate"
Id love to meet her Ex husband. I'm sure he is very happy..... now.
I will never speak another word about her.
LMAO I couldn't figure out what tweets you were talking about. She blocked me. LOL All I asked her was what are you using for basal. My GF is going to start and she plans to use humalog pump for basal. LOL That's it.
God I hope so. For now they appear to be selling afrezza from a lemonade stand. So tired of waiting.
By my calculations 1B in sales = 11.90 / share
1B sales x 0.68% profit margin x 0.35% split x 20 multiple / 400M shares ourstanding =$11.90