Posted On: 09/07/2013 8:05:14 PM
Post# of 57
See this
http://www.sudaltd.com.au/attachments/article...202013.pdf
So we own 50 million of 708 million OS (7 percent) of SUDA, and another 10 million Unlisted.
From their Aug. 13 PR:
http://www.sudaltd.com.au/attachments/article...202013.pdf
Quote:
Stephen Carter, Suda’s Executive Chairman, stated that “Suda is further buoyed by the recent announcement regarding the upfront fee and milestone payments totalling in excess of $110 million for a nasal delivery therapy for migraine using sumatriptan for the USA market (refer to optinose.com/news-and-media/press-releases/2013-07-02). It is acknowledged that oro-mucosal delivery is better accepted and more effective that nasal delivery and this announcement further suports that oro-mucosal products have great commercial potential and Suda is well placed to capitalise on this exciting drug delivery therapy”.
Looks to me like those SUDA shares owned by NVDL could get very valuable!!
NP
Replies:
It is a Huge Move.
cheeky on 9/6/2013 1:59:57 PM
Our CEO was V.P. & CFO of BRISTOL MEYERS
cheeky on 9/6/2013 2:00:32 PM
Report TOS
http://www.sudaltd.com.au/attachments/article...202013.pdf
So we own 50 million of 708 million OS (7 percent) of SUDA, and another 10 million Unlisted.
From their Aug. 13 PR:
http://www.sudaltd.com.au/attachments/article...202013.pdf
Quote:
Stephen Carter, Suda’s Executive Chairman, stated that “Suda is further buoyed by the recent announcement regarding the upfront fee and milestone payments totalling in excess of $110 million for a nasal delivery therapy for migraine using sumatriptan for the USA market (refer to optinose.com/news-and-media/press-releases/2013-07-02). It is acknowledged that oro-mucosal delivery is better accepted and more effective that nasal delivery and this announcement further suports that oro-mucosal products have great commercial potential and Suda is well placed to capitalise on this exciting drug delivery therapy”.
Looks to me like those SUDA shares owned by NVDL could get very valuable!!
NP
Replies:
It is a Huge Move.
cheeky on 9/6/2013 1:59:57 PM
Our CEO was V.P. & CFO of BRISTOL MEYERS
cheeky on 9/6/2013 2:00:32 PM
Report TOS
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