MYX 3.29% $4.40 mayne pharma group limited

Mithra’s Donesta phase 3 trial results, page-2

  1. 1,371 Posts.
    lightbulb Created with Sketch. 263
    Exactly ! Mithra shares down 70% ytd.
    They’re cash poor. The low take up of
    Nextellis in USA being a big contributor
    to their expectations along with Mayne
    shareholders.The profit positive first year
    outlook has come and gone. The $200m
    revenue now appears Pie in the Sky for this
    revolutionary Pill . Menopause market is
    far less competitive and yet market is huge
    and growing. Since Mithra is already at Phase
    3 trials for FDA approval, should this product
    prove successful it is blue sky potential. Anybody
    thinking Mayne will get US distribution rights
    because they have 10% of company is barking
    up the wrong tree. We have been a failure with
    Nextellis. The facts are should this Donesta product
    meet expectations Mithra will associate with the highest
    bidder and best distribution company suitable in USA.
    Simple as that. As long as we conduct extremely high
    due diligence and with cash surplus invested to gain
    a major shareholding we could be front runners.
 
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