RE: Volumes may be low9 Apr 2018 11:03
Pom
Unfortunately not, however. Louis Tse, a director with VC brokerage, said while the trending investment theme of health-care could propel the rise of Regent Pacific�s shares in the short to mid term, the question of the PE treatment business�s profitability remains....... That was in Nov 2016.
I suspect since they also wrote "Company to begin selling Fortacin spray-on treatment for men�s premature ejaculation in Hong Kong by the end of 2017" which never happened. Brokers and investors are pretty skeptical since RPG has made numerous statements on targets which they have never achieved. A bit like crying wolf.
Regent Pacific plans to license the drug to local pharmaceuticals for sale and distribution, with all the deals tipped to complete by 2018......
Will this happen ???
In the US, we will be finishing the license of the drug in the mid of 2018, we are signing another deal with another pharmaceutical company for Asia-Pacific,� Wyllie said. �The data we�ve got so far will allow the launch initially for Thailand, South Korea, Singapore.� Will all this happen too ???
Nothing more will happen until one or all the above occur and we get some decent sales results.
I wonder if Recordati have an agreement to continue with the E11 in H2 or are the remaining country launches dependent on E5 sales. Think there are any sub-clauses in their agreement on this ?
Interestingly at the same time, it was stated:
China and Japan may have to wait three or four years for Fortacin, as local laws require clinical trials for imported medicines to be repeated for the drug�s entry into Asia�s two largest economies, said Regent�s chief science officer Michael Wyllie. A launch in mainland China, the world�s most populous nation where Viagra has become a household name, will be both costly and time-consuming due to stringent health-care standards, said the former Pfizer scientist. yet we are apparently moving forward with this, although I'm pretty sure HK and Macau may have something to do with this ??
A big U turn on China and still no real explanation from RPG as to why, apart from what we already know.......