If we look ahead, we might see that analysts are bullish on the potential for abaloparatide, and the highest level of sales estimates are pretty close to or maybe a little above a billion dollars. Radius Health Inc (NASDAQ:RDUS) will have to do a lot before it can earn any revenue from this drug but today’s announcement is certainly a good sign for the company. Investors should keep in mind that Radius is still a high-risk company which is currently burning more than $60 million in operating cash per year as it works to develop abaloparatide.
Read more at http://www.insidermonkey.com/blog/radius-health-inc-rdus-up-on-positive-trial-data-should-you-buy-354747/2/#i0URYUg6tOQHIEOe.99
Read more at http://www.insidermonkey.com/blog/radius-health-inc-rdus-up-on-positive-trial-data-should-you-buy-354747/2/#i0URYUg6tOQHIEOe.99
No comments:
Post a Comment