I started buying in 2015, but most of my purchases have been in...

I started buying in 2015, but most of my purchases have been in the last couple of years.

I also like the business model for the reasons you describe above. It's a very easy business to understand. The market is not placing much value in this stock due to the past troubles with Axiron. However, once more products are launched and more $$ comes in the bank, then this will get a nice re-rate. The re-rate will be healthy given the high return on launched products.

Their strategy of continually adding to the pipeline
is great as this will continually add to the bottom line over the years.