Must mean that there has been no red flags raised on behalf of the FDA so it should be more or less a formality going forward.
I guess it would say"expecting to launch" if they were not sitting on the approval. Just looking for belt and suspender safety before getting to exited :o)
From the slide,
"Up to 30 new product launches, generating over $0.6B in revenues, including
the launch of an AB-rated generic EpiPen® in the second half of 2015."
Does this really mean they already have approval?
But the weather does not require approval to show up. You are putting a 70% chance on if there will be weather or not. You can say Epi will not get approved we will get 0 market share or you can say Epi will be approved and in that case I believe that our market share will be X with a value of Y.
You have to be given an opportunity to copulate before trying to figure out the outcome.
If there is no copulation there will be no pregnancy and 100 % of no copulation ends up where do you think.
That is completely irrelevant whogo, if that is the case that's the same as a no for the time being. They will Either get a YES to AB or not if not or request for redesign whatever. The amount of money to ATRS will be ZERO, NADA in 2015,unless it's a yes.
So you can be 70% pregnant?
You can sell 70% of a stock of 100 pieces.
But you cant have or give a 70% yes or no.
Simple as that, if it's approved it's approved 100% and if it's no approved it's not approved 100%
"only royalties translate to profit." Whats that supposed to mean?
Off course they will make a profit on device sales. They make those devices for a living.
"- it assumes 100% probability for AB rating approval and launch in June 2015. That's possible but there is nothing like 100% with FDA. "
Would you like to explain the other alternatives??
It's either 100% or not and if it's not approved with an AB rating ...end of discussion.