I must be a sucker for punishment hu? How long did we wait for that ANDA, 3 years? Bloody hell. At least the NDA process is a bit slicker so the timelines for QRXs review are reasonable (<6 months).
Right on about SRX, whats the next one? There are a few to pick from at the moment. Lots of unloved companies around. Personally i like POH, RVA, NAN and QRX. But timing is everything and presently I like QRX partly because i think the timing is right.
Hi Lopez.
I cant see how management stuffed up. The FDA approved their 'streamlined' NDA program (two PIII trials) in 2008 and QRX completed their trials and NDA application accordingly. I don't think QRX had the option to include data from a trial not agreed in that 'streamlined' program.
Also, interesting trading again today. 90% of the volume coming from off market x trades. There really is little to no 'natural' volume.
QRX Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held