Monday Stock Play = BDSI
Strong Uptrend
BIODELIV SCIENCES INTL (NASDAQ:BDSI)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Take a look at this FREE trend analysis information below. Just put in CVM your first name and e-mail and they send a complete company report to your in-box realtime.
FREE Trend Analysis for BDSI Here
Earlier this year, BDSI raised $6M in cash from partner Meda AB [STO:MEDAA] ($2.3B U.S. Dollar market cap) from a $3M expanded marketing agreement (which includes all countries except Taiwan and South Korea) and a $3M advance of the $30M milestone payment triggered by FDA approval. The remaining $27M cash milestone payment on FDA approval for Onsolis represents about 22% of the Company’s current market cap of $123M, in addition to double-digit royalties that will be received on product sales, an additional $30M possible in sales-related milestone payments, and a $5M milestone payment that is due upon EU approval/launch. Hat Tip Market Guardian
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