Hey Ryan - I have a feeling that the Lodrane 24®
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Hey Ryan - I have a feeling that the Lodrane 24® and Lodrane 24D® return might be a little farther off than the next 6 months. I listened to the Hi-Tech investor call a while back and they didn't voice much urgency on the return of the products. Most of the emphasis was put on replacing the sales reps bags with additional products (TussiCaps, CorMax, etc.) to compensate for the loss. Because they didn't say much, I actually contacted one of the executives on the call at Hi-Tech to ask specifically about the Lodrane products. He talked about how it was going to be a lengthy process to coordinate the studies / data needed and FDA submissions and approvals. Don't get me wrong though... I'm with you that I HOPE it happens - and the next 6 months would be great! Although I'd be pleasantly surprised if those products even came back in calendar year 2013.
Again, my conversation was about 6 months ago with Hi-Tech... so things change. And hearing on the call yesterday that Elite is "currently working with ECR on Lodrane"... well, that definitely made my ears perk up. If anyone is interested, Hi-Tech IR can be reached here:
Anne Siebert
PHONE: 631-789-8228
Ext. 4120