Australia's largest stock trading and investment forum Australia's #1 stock forum

ACR

Click for more information

0.00%

6.5¢ acrux limited

Hi JetWell stated. I am not surprised by the competition as the...

First 7 Last

Share
Profile

Follow
mwilson25

2,649 Posts.

395

06/01/23

11:35

Post #: 65559710
Share

Originally posted by jetrodder: ↑

once the generic drug companies are free to launch their products, including ACR that clearance will apply only to those 12-14 drug companies that filed their ANDA ( abbreviated new drug application ) back at a specific day back in 2016( think it was 2016) those companies will have 18 months to try and be the dominant supplier. No other drug company can enter the market during that time. And new ANDA’s filed all have to go through the same legal/ court process as well. There may end up being 20 or more players in the generic Eficonazole market

Expand

Hi Jet
Well stated. I am not surprised by the competition as the margin is enormous - those yanks are paying through the nose. My understanding is the Canadians pay 1/10 the price. Was there any advantage to ACR over the other litigants because we were first to apply and challenge?

ACR Price at posting: 7.1¢ Sentiment: Sell Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 12 more messages in this thread...

First 7 Last

Add ACR (ASX) to my watchlist

(20min delay)
Last 6.5¢		Change 0.000(0.00%)		Mkt cap ! $18.89M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.5¢	$3.251K	50.01K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	72499	2

View Market Depth

No.	Vol.	Price($)
1	50000	0.062
2	150000	0.060
2	165000	0.058
1	17857	0.056
1	92500	0.052

Price($)	Vol.	No.
0.065	72499	2
0.069	48386	2
0.070	75000	2
0.071	100000	1
0.072	1503	1

Last trade - 09.59am 03/05/2024 (20 minute delay)

ACR (ASX) Chart