Increase in generic competition for Temozolamide has meant the addressable generic market is now only $200m approx. Volume of scripts has probably remained steady but heavy discounting results in the decline in $value. Use of Temozolamide for extended indications is possible in the future also as there are a significant number of clinical trials combining it with other treatments for indications other than brain cancers.
Even a modest slice of the market will provide a significant double digit percentage growth in revenue. The current market cap of $37m belies where IDT will be next financial year.
Increase in generic competition for Temozolamide has meant the...
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12.5¢ |
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Mkt cap ! $53.69M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 320 | 12.5¢ |
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| Price($) | Vol. | No. |
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