As Allergan (AGN) faces pressure from a big hedge fund for “chronic underperformance,” a survey of doctors suggests the drug maker may be “overly sanguine” about new competition for its Botox wrinkle smoother, and that sales growth and operating margins for the key product could take a hit.
Specifically, more than 75 percent of dermatologists reported they would be at least moderately more likely to offer a forthcoming treatment called Jeuveau to their existing Botox patients, if the new medication costs significantly less for them to purchase. Notably, Wall Street analysts expect Evolus (EOLS), which recently won regulatory approval for Jeuveau, to sell its drug at a discount of up to 25 percent.
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Hello Stat Plus,
My partner and I are interested in signing up for your service; but we have three very important questions first:
1)Do you give us advance warning of an IPO, and the preliminary descriptions of what’s going on with the testing, and
2)Do you give us advance notice when one company is planning on, or about to, buy another company (as with Roche buying Sparks Therapeutics? How much in advance will we know both in advance, and lastly,
3)Regarding Pipelines, we are very interested in knowing the approval status of drugs in the Pipeline; will you be providing that info?
Thank you very much. I look forward to your answers, and then we’re SIGNING UP!
All the best, Laurie Lee (Individual Investor)