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lilly to acquire global license to axiron, page-14

  1. danny3
    1,538 Posts.
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    16/03/10
    10:41
    Post #: 6453407
    $50 million is enough to avoid any capital raisings and fund the pipeline, but not as much as I'd hoped for. With this structure, a lot is dependent on the commercialisation success of Axiron - as Evamist shows, products don't always live up to their promise.

    I'm happy to hold now. To push the market cap up over $500m, though, I think we'll need to see either approval and sales traction for Axiron or signs of progress with the rest of the pipeline.
    ACR Price at posting: $2.40 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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