UNS 0.00% 0.5¢ unilife corporation

Unis short sale restriction, page-49

  1. 1,247 Posts.
    The exclusivity was announced for the small WI's:

    • "Unilife will give access to its large-volume wearable injectors on a non-exclusive basis. This is a platform agreement, which means the drug-maker will be able to use these injectors for any of its products. We note that Amgen has an extensive product line that includes Repatha®, its PCSK9 inhibitor for hypercholesterolemia, that is now administered in three consecutive subcutaneous injections.
    • Amgen will have exclusive access to Unilife’s 1 mL wearable injector for certain small-volume drugs. The medicines have not been identified, but two biosimilars, adalimumab (Humira®) and infliximab (Remicade®), are under development that might gain a competitive advantage by being offered in Unilife’s device. Also, Amgen’s osteoporosis drug Prolia® requires a painful subcutaneous injection now and might benefit from a slower rate of administration achievable with a wearable injector." -- Keith Markey Jan 3 2016.
    That somewhat summarizes the Jan 3 2016 announcement from the 8-K

    http://ir.unilife.com/secfiling.cfm?filingid=1193125-16-418739&CIK=1476170
 
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