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Post by sportsrancho on Apr 23, 2018 13:45:47 GMT -5
Of course they have a partner. That's why they haven't announced anything. slug, waiting waiting waiting for them just to announce something!! So quiet out there... we’ve already been in the eye of the storm we should be coming out the other side of it. I just want to feel like all the rain is gone. m.youtube.com/watch?v=KSuB4t3q_dA
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Post by akemp3000 on Apr 23, 2018 15:06:41 GMT -5
Very nice video sports! That's spot on what we're looking for and what we all deserve. Thanks.
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Post by dg1111 on Apr 23, 2018 15:59:36 GMT -5
When Mike has alluded to the two signed term sheets, did he specifically state that those related to international expansion? I know that was what I thought he was referring to when I heard, but I can't remember if he actually said that. I am wondering if one of those term sheets could have been the Treprostinil Technosphere.
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Post by dreamboatcruise on Apr 23, 2018 16:06:16 GMT -5
When Mike has alluded to the two signed term sheets, did he specifically state that those related to international expansion? I know that was what I thought he was referring to when I heard, but I can't remember if he actually said that. I am wondering if one of those term sheets could have been the Treprostinil Technosphere. He was referring to two international deals. One with signed term sheet and the other not yet signed (as of last mention that I know of).
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Post by nadathing on Apr 23, 2018 17:26:59 GMT -5
I thought this was addressed in one of the conferences. They Will get more from a partner if they have already proven some success through trials. No partner at this time. Awaiting future results.
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Post by mango on Apr 23, 2018 17:32:41 GMT -5
What is a signed term sheet? What does it mean?
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Post by celo on Apr 23, 2018 17:34:31 GMT -5
What is a signed term sheet? What does it mean? wiki: A term sheet is a bullet-point document outlining the material terms and conditions of a business agreement. After a term sheet has been "executed", it guides legal counsel in the preparation of a proposed "final agreement".
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Post by tinkusr8215 on Apr 23, 2018 19:50:59 GMT -5
When Mike has alluded to the two signed term sheets, did he specifically state that those related to international expansion? I know that was what I thought he was referring to when I heard, but I can't remember if he actually said that. I am wondering if one of those term sheets could have been the Treprostinil Technosphere. He was referring to two international deals. One with signed term sheet and the other not yet signed (as of last mention that I know of). is the signed term sheet - perhaps Brazil?
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Post by Omega on Apr 23, 2018 20:19:22 GMT -5
is the signed term sheet - perhaps Brazil? Nope, Mike had said: "Brazil is on track. We've been having positive interactions with our partner and we expect to be able to launch there as earliest as Q1 2019. Additionally, we have a fine term sheet for a large market outside the U.S. and we're in the process of finalizing a second term sheet. One of both is we hope to announce in the first of this year, but as you know, these things take time. We do expect these deal structures will have a combination of upfront milestones royalties and more importantly we need to continue to serve patients around the world - while we know these markets may not generate a lot of cash, they will tremendously make a difference for society, and I believe with the 80 million to 100 million people in some of these markets, who have and AIC at 10 just a minor share in these segments will offset a tremendous difference in people's lives."
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Post by digger on Apr 24, 2018 14:52:10 GMT -5
is the signed term sheet - perhaps Brazil? Nope, Mike had said: "Brazil is on track. We've been having positive interactions with our partner and we expect to be able to launch there as earliest as Q1 2019. Additionally, we have a fine term sheet for a large market outside the U.S. and we're in the process of finalizing a second term sheet. One of both is we hope to announce in the first of this year, but as you know, these things take time. We do expect these deal structures will have a combination of upfront milestones royalties and more importantly we need to continue to serve patients around the world - while we know these markets may not generate a lot of cash, they will tremendously make a difference for society, and I believe with the 80 million to 100 million people in some of these markets, who have and AIC at 10 just a minor share in these segments will offset a tremendous difference in people's lives." Two things bother me in that quote. First, he mentions milestones and royalties but no upfront cash. Second, he seems to emphasize that these markets may not generate cash, but that's somehow okay since it will still make a tremendous difference in the people's lives. I hate to sound like an uncharitable scrooge, but I'm more interested in a lot of upfront cash and markets that generate a lot of cash. I'd just as soon let the Red Cross foot the bill for making tremendous differences.
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Post by mannmade on Apr 24, 2018 15:00:31 GMT -5
Actually digger I think imho u r wrong as I understand it. Mike mentioned on the last cc that there would be upfront cash. In fact even SO is expecting between 10m to 20m in upfront cash.
Second the spreading of the use of AFREZZA will generate revenue just not as much of a margin as in Usa. However if the results become as good as they have been here but on a more widespread basis then I think it will positively impact the Usa market and other markets for more expansion and hence more growth.
Third. the more cartridges produced the lower the cog for Usa distribution as efficiencies of production and the amortization of running Danbury are factors in.
Lastly with any success oversees it may cause other pharma companies and Wall Street to rethink their positions on mnkd and invite investment opps.
Just my opinion on the matter.
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Post by Omega on Apr 24, 2018 15:07:07 GMT -5
Nope, Mike had said: "Brazil is on track. We've been having positive interactions with our partner and we expect to be able to launch there as earliest as Q1 2019. Additionally, we have a fine term sheet for a large market outside the U.S. and we're in the process of finalizing a second term sheet. One of both is we hope to announce in the first of this year, but as you know, these things take time. We do expect these deal structures will have a combination of upfront milestones royalties and more importantly we need to continue to serve patients around the world - while we know these markets may not generate a lot of cash, they will tremendously make a difference for society, and I believe with the 80 million to 100 million people in some of these markets, who have and AIC at 10 just a minor share in these segments will offset a tremendous difference in people's lives." Two things bother me in that quote. First, he mentions milestones and royalties but no upfront cash. Second, he seems to emphasize that these markets may not generate cash, but that's somehow okay since it will still make a tremendous difference in the people's lives. I hate to sound like an uncharitable scrooge, but I'm more interested in a lot of upfront cash and markets that generate a lot of cash. I'd just as soon let the Red Cross foot the bill for making tremendous differences. Are you reading it differently then me? He specifically said Combination of Upfront , Milestones, Royalties.
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Post by casualinvestor on Apr 25, 2018 8:36:50 GMT -5
is the signed term sheet - perhaps Brazil? Nope, Mike had said: "Brazil is on track. We've been having positive interactions with our partner and we expect to be able to launch there as earliest as Q1 2019. Additionally, we have a fine term sheet for a large market outside the U.S. and we're in the process of finalizing a second term sheet. One of both is we hope to announce in the first of this year, but as you know, these things take time. Someone on these boards that listened to the call said that it was a bit garbled, but the fine should have been signed. SA never got the memo I guess Which makes sense. While fine may be grammatically correct, who talks like that?
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Post by Omega on Apr 25, 2018 10:19:03 GMT -5
Nope, Mike had said: "Brazil is on track. We've been having positive interactions with our partner and we expect to be able to launch there as earliest as Q1 2019. Additionally, we have a fine term sheet for a large market outside the U.S. and we're in the process of finalizing a second term sheet. One of both is we hope to announce in the first of this year, but as you know, these things take time. Someone on these boards that listened to the call said that it was a bit garbled, but the fine should have been signed. SA never got the memo I guess Which makes sense. While fine may be grammatically correct, who talks like that? That's probally more accurate. I did pull those quotes from SA's Transcript of the Q4 2017 Earnings call. If I have some time today I'll go back and listen to it again myself. www.google.com/amp/s/seekingalpha.com/amp/article/4151494-mannkinds-mnkd-ceo-michael-castagna-q4-2017-results-earnings-call-transcript
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Post by compound26 on Apr 25, 2018 10:25:22 GMT -5
It definitely should be [signed] term sheet as that was what Mike stated. See my original post on this. SA's transcripts usually are just for reference. They often screw up on a few places. Sometimes in the most important places. This is one of those occasions.
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