mcsharkey
5 년 전
Fairly positive investor analysis for EGRX found at THIS LINKFor what it's worth, an excerpt:Does Eagle Pharmaceuticals Have A Relatively High Or Low P/E For Its Industry?
We can tell from its P/E ratio of 35.99 that there is some investor optimism about Eagle Pharmaceuticals. You can see in the image below that the average P/E (18.6) for companies in the biotechs industry is lower than Eagle Pharmaceuticals's P/EAnd includes this graphic
Eagle Pharma has two 8-Ks almost back-to-back, that cause some pondering. Some data here:
Common Stock (EGRX) Institutional Holdings | Nasdaq.
...
Ownership Summary.
Label Value
Institutional Ownership 95.67 %
Total Shares Outstanding (millions) 14
Total Value of Holdings (millions) $751
Link to FORM 8-K March 13, 2020 - On March 13, 2020, the U.S. Court of Appeals for the District of Columbia Circuit affirmed the decision originally issued by the U.S. District Court for the District of Columbia on June 8, 2018 requiring the U.S. Food and Drug Administration to grant Eagle Pharmaceuticals, Inc., or the Company, seven years of orphan drug exclusivity in the U.S. for BENDEKA (bendamustine hydrochloride injection, or bendamustine HCI), a liquid, low-volume (50 mL) and short-time 10-minute infusion formulation of bendamustine hydrochloride.
Link to Form 8-K March 17th filed yesterday 2020 Eagle Pharmaceuticals, Inc., or the Company, announced that the Company’s Board of Directors, or the Board, approved a new share repurchase program, or the Share Repurchase Program, providing for the repurchase of up to an aggregate of $160 million of the Company’s outstanding common stock.
I realize this has been a tough year.
GLTUA
mcsharkey
5 년 전
Eagle Pharmaceuticals to Discuss Fourth Quarter and Full Year 2019 Financial Results on March 2, 2020
WOODCLIFF LAKE, N.J.--(BUSINESS WIRE)--Eagle Pharmaceuticals, Inc. ("Eagle" or the “Company”) (Nasdaq: EGRX) today announced that the Company will release its 2019 fourth quarter and full year financial results on Monday, March 2, 2020, before the market opens.
GLTA
Bickema
7 년 전
Scott Tariff on Biologics acquisition
Yes. So, we will report Randall on how we are dealing with the biologics business regularly. You will see news flow coming out of Eagle over the course of this year about what we are doing. This technology – there is two very important aspects to this acquisition. First, the technology in viscosity reduction of biologics can be used in so many ways that will benefit patients and our shareholders. We have the ability with this technology to help branded companies with first time biologics lower their viscosity. What does that do for them? We are seeing situations where we are having discussions about reducing the number of injections. We are having discussions about how to take subcu IV drugs turning them into subcu drugs. And we also have the opportunities we discussed in the past at great length is going to the biosimilar market and taking some biosimilars in giving those individuals a chance to have a leg up on their competition and take these IV biosimilars to a subcu route. We can also go to biosimilars that have multiple injections and reduced a number of injections as a way to improve the products in the biosimilar space. We continue to work on molecules in-house on our own for a proof-of-concept and to have animal data and tox data and then take it forward to biosimilar companies and branded companies. So far, we are very pleased with the progress we are making and the reason that we decided to bide down those milestone obligations now and we believe that this technology and this capability will be a significant leg of Eagle’s growth as we start to get to the later stages of the current products that we spoke about today in the pipeline. And so these are products that will come to the market 4 or 5 years from now, but hopefully starting this year and going forward, we will start to sign deals we see milestone payments and so forth as a way to bring value into the company in the near-term. Very, very excited about this acquisition, couldn’t be more pleased since we made it. And then second to that, what we now have is what I will refer is taking the ground in Cambridge, which is just for our industry, just a remarkable place to do business. We have some very talented PhDs and we have access to some very talented people at MIT. And quite frankly, they are helping us with our entire pipeline and our portfolio. They have helped us with fulvestrant, they are helping us with the IM version of Ryanodex, Drs. Langer and Klibanov are about the most brilliant minds in our industry and having them helping us and consulting with us regularly has been just wonderful. And so we are thrilled with this acquisition. And as we sit here today, I am very confident that we will see significant value coming out of this acquisition in the years to come. And you will start to hear more about it as the year progresses as well.
Bickema
7 년 전
WIth a market cap of 880 million and cash on hand at 170 million, per last quarter earnings, Eagle has an EV of 710 million. Which I think looks pretty cheap.
Bendeka is now bringing in roughly 40 million in royalty revenue per quarter. However Treanda generics can launch in November of 2019.
So at the very least Eagle has another 8 quarters of 40 million royalty revenue coming there way. So at the very least, that leaves an EV of (710-320) of 390 million for the entire pipeline including Bendeka post 2019. Again this implies 0 dollars for Bendeka post generics which obviously will not happen.
So I personally think 390 million for the entire pipeline and Bendeka post 2019 generics if awfully cheap, however nothing comes easy for Eagle, most of their products require litigation against the novel drug's developer and Ryanodex expansion has been rough.
Eagle and the FDA are not seeing eye to eye on EHS expansion, Ecstasy and Meth trial recruitments are going slower than expected.
Sorry my post is a bit of rambling, I currently do not own any Eagle shares but will look to add when I have dry powder.
They are currently in litigation with Elly Lilly in regards to their pemetrexed generic so follow that case as it very likely will be the next newsworthy event for Eagle.
GD
8 년 전
What about at the beginning CEO said more news on Monday
with earnings reports, but where is the news bedsides the
earnings report? My guess is what ever is the news, the deal
did not get done before Monday, hence the stock tanked from
95 to 86, some one knows what it is and coming up soon,
than we had the two days back up and holding today, feel
like HS approval any day, shouldn't take FDA that long to make
a decision since the data set is very small and Ryanodex
is already approved drug. we may see what ever the news
any day now, IMO.
Bickema
8 년 전
Eli Lilly's Alimta escapes early generics—and a sales hit—with patent win over Teva
http://www.fiercepharma.com/pharma/eli-lilly-prevails-teva-s-alimta-patent-challenge
Chalk up a win for Eli Lilly in a much-watched patent tussle over the blockbuster cancer med Alimta. A federal appeals court said generic versions from Teva and others would step on a key Lilly patent, a decision that could shield the company's big seller until 2022.
Lilly’s “vitamin regimen patent” has been “confirmed in every validity challenge to date,” Michael J. Harrington, the company's SVP and general counsel, said in a statement. The decision by the U.S. Court of Appeals for the Federal Circuit follows two earlier wins at the appellate level.
If the company survives all remaining challenges, it’ll have exclusivity on the drug until May 2022. Lilly has a compound patent on Alimta through next January.
Used to treat advanced non-small cell lung cancer and mesothelioma, Alimta is a top seller for the drugmaker, pulling in nearly $2.5 billion in 2015 sales. Through the first 9 months of 2016, it delivered $1.74 billion in sales.
In the past Tariff has said they think they have a way around this but I am not up to date or a current shareholder. I will listen to the JPMorgan webcast to get the latest.
stugwins
8 년 전
Dew, I fully understand your disappointment.
I voiced concerns about Tarriff in the past (ethics at Par, understanding technology, etc) and today he just proved me right. As somebody with low self-confidence would do, he was bedazzled by academic titles, ignored the fundamentals and ventured into something he (and his organization) doesn't understand and don't have the horsepower to compete in..Arsia seems more like an academic bluff rather than a real company.
To put it simply, creating solid IP around viscosity modification is next to impossible. Somebody will always find something better (or close enough..).
Pity...
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