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Old 12-20-2019, 10:05 AM   Nav to Top  #1
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Default BXRX =MC $51 M --FDA Decision in Q1 for a Big Drug

Market-Cap $51 Million-- Cash $19 Million or untill end 2020 -- Shares Out 9.1 Million -- Potential FDA approval for their lead drug Anjeso (non-opioid pain reliever ) in Q1 2020 which has HUGE market potential .MASSIVE underpriced and undiscovered low float stock with significant upside potential here ..Could run to $10+ ahead of the FDA decision and much higher on approval .GL

Baudax Bio (BXRX)

Market Cap 51 M
Cash $19 M
Price $5.60

Shares Out 9.1 M

New Presentation (december 2019)

Janney starts Baudax Bio at buy; fair value estimate $12

Baudax’s key product is Anjeso, a long-acting intravenous formulation of meloxicam, an established non-opioid pain reliever, available through an oral formulation. “We see a high probability of FDA approval in the first quarter of 2020, which would be a meaningful catalyst to drive the stock towards our fair value,” writes analyst Ester Hong.

She estimates peak U.S. sales of $355-million for Anjeso but sees “upside from increased demand for a potent non-opioid that allows patients to recover and go home faster.”

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