Just goes to show that ACR are not that great at picking...

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jetrodder

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03/09/24

16:10

Post #: 75509382
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Originally posted by jetrodder: ↑

The whole Generic's Strategy that started back in 2015, was based initially on Efinaconazole. At the time a US$200M plus seller. We were told that ACR won the Patent court case in 2017. But seeing it's now 7 years since that win, and not a single Pharma Company has been allowed to launch a Generic, it feels more like a loss. Anywhere from $2-4 million was spent developing this ANDA, and to date has earned nothing. And an equal amount was spent developing a Axion Generic, was launched briefly then was pulled. That's anywhere form $4 to $7M spent on 2 ANDA's with sweet FA to show for it. Jet

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Just goes to show that ACR are not that great at picking winners. We can thank our lucky stars that our ELMA Generic lost it's major competitor at the time it was launched. Otherwise ACR would be in real trouble now. Jet

ACR Price at posting: 6.1¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $8.155M

Open	High	Low	Value	Volume
2.1¢	2.2¢	2.0¢	$7.942K	390.7K

Buyers (Bids)

No.	Vol.	Price($)
6	565571	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	27574	2

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No.	Vol.	Price($)
6	565571	0.020
4	451342	0.019
1	160000	0.018
2	469000	0.017
1	66732	0.015

Price($)	Vol.	No.
0.022	27574	2
0.023	125126	5
0.024	306848	8
0.025	268239	2
0.026	75000	3

Last trade - 14.59pm 17/06/2025 (20 minute delay)

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Just goes to show that ACR are not that great at picking...

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Just goes to show that ACR are not that great at picking...

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