HUH, so the news that UNS has been talking about for 4 months is an announcement of 5 million revenue (covers 6 weeks operating costs) and then over a 4 year period they will ramp up production to meet the requirements of Sanofi. IF, that is IF Sanofi want to maintain exclusive use of the Unifill for this drug product/area then they have to order 150million units annually.
Yet its the shorters controlling the SP. UNS have not really deliverd a lot and I hope he has more in store over the next few days, but I doubt it!!!!
The kick off date was not mentioned? Seems a no brainer to release it. The fact they didnt means what? Who knows, but suspect it means could still be months away. Could be extended to 2024? So after a 4 year ramp up how long is the actual supply period?
Its is a rather beige announcement after all the hoo-hah and my being mega disappointed (and I had low expectations) seems to be reflected in the poor rise in US and fall locally.
UNS Price at posting:
63.5¢ Sentiment: None Disclosure: Held
