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Post by lakers on Apr 4, 2018 21:10:25 GMT -5
m.indiamart.com/isearch.php?s=AfrezzaApparently, it can be purchased in India, portending India+ME term sheet 1? 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. In the end, we have a large manufacturing plant that we continue to maintain and these markets will continue queue up some of the purchase commitment in the earlier while we delivered sustained growth for the company here in the U.S. and other markets. www.seekingalpha.com/article/4151494Cipla’s inhalable insulin fails to get approval for trials on Indian patients [It has a big presence in UAE.] m.economictimes.com/industry/healthcare/biotech/pharmaceuticals/ciplas-inhalable-insulin-fails-to-get-approval-for-trials-on-indian-patients/articleshow/55823646.cms
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Post by peppy on Apr 4, 2018 21:23:18 GMT -5
my guess, is Indian physicians are ordering in the US and reselling in INDIA?   |
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Post by buyitonsale on Apr 4, 2018 22:59:01 GMT -5
Sanofii Dairy Farming... is one of the sellers...
😂
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Post by lakers on Apr 4, 2018 23:40:47 GMT -5
6.5 Right of First Refusal in China. In consideration of the amendments contained in this Second Amendment and in the Option Amendment, MannKind hereby grants Amphastar the right of first refusal to participate in the development and commercialization of Afrezza in China through a collaborative arrangement. Specifically, Amphastar and MannKind agree that MannKind will not commence the process of obtaining approval of Afrezza in China without first providing Amphastar with (i) at least ninety (90) days prior written notice of MannKind’s intention to commence the process of obtaining approval of Afrezza in China, and (ii) if Amphastar confirms its interest in collaborating in the development or commercialization of Afrezza in China in writing within thirty (30) days of receipt of MannKind’s notice, then the Parties shall reserve sixty (60) days to negotiate in good faith the terms of such a collaborative arrangement for Afrezza in China. In the event that the Parties are unable to agree on commercial terms for a collaborative agreement after the sixty (60) day negotiation period, then MannKind shall have the right to negotiate a collaborative agreement with another party (“Competing Terms”). MannKind shall present the Competing Terms to Amphastar in writing, and within sixty (60) days of receipt of the Competing Terms, Amphastar shall have the option to either (i) decline to match the Competing Terms, or (ii) agree to match the same Competing Terms and enter into a collaborative agreement with MannKind in China. www.sec.gov/Archives/edgar/data/1297184/000129718417000007/amph-20161231ex10345c26b.htm |
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Post by slugworth008 on Apr 5, 2018 1:08:08 GMT -5
As Ross Perot once said "You can't make money from a country that doesn't have any" This was in reference to his objections to NAFTA
when proponents of it said it was good for the US economically. To me India = not much revenue - JMHO
I'll take UAE or Saudi Arabia - they have bank.
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Post by hellodolly on Apr 5, 2018 6:17:53 GMT -5
As Ross Perot once said "You can't make money from a country that doesn't have any" This was in reference to his objections to NAFTA when proponents of it said it was good for the US economically. To me India = not much revenue - JMHO I'll take UAE or Saudi Arabia - they have bank. Is their healthcare in India subsidized? There's a lot of Indians in India. |
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Post by peppy on Apr 5, 2018 6:20:36 GMT -5
As Ross Perot once said "You can't make money from a country that doesn't have any" This was in reference to his objections to NAFTA when proponents of it said it was good for the US economically. To me India = not much revenue - JMHO I'll take UAE or Saudi Arabia - they have bank. Is their healthcare in India subsidized? There's a lot of Indians in India. no. I do not even think food is subsidized in India. I have never been there however. (There is however a small percentage of rich.) |
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Post by dh4mizzou on Apr 5, 2018 6:36:02 GMT -5
The economy may be getting better though through technology. India became the "go to" source for cheap computer programmers back in the day. But now India is actually outsourcing to other countries (think Thailand and Phillipines) because the current developers make too much money.
In addition look up the words "off shore" when related to technology. A great number of U.S. companies actually maintain relationships with shops in India to do their programming work. I work for one of the largest retail banks in the U.S. and we do "off shore" for a number of things.
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Post by prosper on Apr 5, 2018 7:15:33 GMT -5
Can anyone verify/confirm a US pharmacy will honor a prescription from a non-US licensed DR?
I regularly buy generic drugs from both China and India because I am there frequently and even when not there personally, my friends over there send to me via Post Office. Granted, none are narcotics, so I have no trouble getting them through.
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Post by peppy on Apr 5, 2018 7:20:03 GMT -5
The above many be US licensed physicians buying and sending to partners in India?
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Post by boca1girl on Apr 5, 2018 7:40:24 GMT -5
As Ross Perot once said "You can't make money from a country that doesn't have any" This was in reference to his objections to NAFTA when proponents of it said it was good for the US economically. To me India = not much revenue - JMHO I'll take UAE or Saudi Arabia - they have bank. The benefit of Indian sales lies in the potential volume of product that could be sold. We need higher sales volume to utilize our manufacturing plant and bring our average cost per unit down. |
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Post by barnstormer on Apr 5, 2018 8:11:59 GMT -5
India is growing faster than any other large economy except for China. By 2050, India's economy is projected to be the world's second-largest, behind only China
The economy of India is a developing mixed economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity. Wikipedia
Gross domestic product: 2.264 trillion USD (2016) Trending, World Bank
GDP per capita: 1,709.39 USD (2016) World Bank
GDP growth rate: 7.1% annual change (2016) World Bank
GNI per capita: 6,490 PPP dollars (2016) World Bank
Gross national income: 8.594 trillion PPP dollars (2016) World Bank
Internet users: 10.1% of the population (2011) World Bank
Currencies: Indian rupee, Indian rupee sign
I'll take some of those rupiees anyday.
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Post by matt on Apr 5, 2018 8:14:06 GMT -5
Can anyone verify/confirm a US pharmacy will honor a prescription from a non-US licensed DR? To prescribe medications on DEA Schedules II-IV the practitioner needs a DEA issued drug license and, in many states, a state issued license to practice medicine as well. If a non-US doctor has the necessary licenses, the pharmacy can fill the script but most foreign physicians will not have the necessary licenses. What is regulated as a drug in the US may not be regulated the same way in India. You can walk into most pharmacies and simply ask for the medication you seek with no prescription needed in many cases. One of my children got sick when we were travelling in India some years ago and we were shocked at what was available over-the-counter including many medications that are Schedule III narcotics in the United States. India seems to be a fairly open market in that respect so I expect it would be easy for a pharmacy to order Afrezza. FDA does not seem overly concerned about export of medication to foreign countries provided that the drug has been approved for sale in the US and has a current expiration date, but they will not allow exports of unapproved medications except by special arrangement. |
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Post by galt1965 on Apr 5, 2018 8:27:33 GMT -5
India is growing faster than any other large economy except for China. By 2050, India's economy is projected to be the world's second-largest, behind only China The economy of India is a developing mixed economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity. Wikipedia Gross domestic product: 2.264 trillion USD (2016) Trending, World Bank GDP per capita: 1,709.39 USD (2016) World Bank GDP growth rate: 7.1% annual change (2016) World Bank GNI per capita: 6,490 PPP dollars (2016) World Bank Gross national income: 8.594 trillion PPP dollars (2016) World Bank Internet users: 10.1% of the population (2011) World Bank Currencies: Indian rupee, Indian rupee sign I'll take some of those rupiees anyday. |
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Post by galt1965 on Apr 5, 2018 8:34:04 GMT -5
Thank you Barnstormer for supplying some facts to this thread. It's amazing how people so knowledgable about Afrezza and it's underlying science/future potential can be so ignorant about other things! India has "no money"? It has one of the largest middle classes in the world, and they don't need/care about insurance!
They pay cash for almost everything.
I travel there often.
Have a great day
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