MYX 1.65% $4.77 mayne pharma group limited

The threat of price erosion?

  1. 8 Posts.
    It seems that generic pharmaceuticals are around two-thirds of MYX's sales. Price erosion in the generic market allegedly because of consolidation of buyers/distributors has brought revenues down, although less than in the previous period.

    Can anyone offer an insight into what extent price erosion might continue? Of course, if prices start to slide closer to the cost of production, MYX's generic lines can become unviable. I imagine that in a scenario of further price squeezes the Indian pharmaceutical manufacturers would have an advantage of lower production costs, is that a fair assumption? Do the Indian companies exhibit higher margins at the moment because of their (assumed) lower production costs?
 
watchlist Created with Sketch. Add MYX (ASX) to my watchlist
(20min delay)
Last
$4.77
Change
-0.080(1.65%)
Mkt cap ! $393.8M
Open High Low Value Volume
$4.87 $4.98 $4.77 $1.340M 274.8K

Buyers (Bids)

No. Vol. Price($)
1 436 $4.77
 

Sellers (Offers)

Price($) Vol. No.
$4.90 4849 3
View Market Depth
Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
MYX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.