Intellipharmaceutics Announces Third Quarter 2016 Results
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Maxim Affirms Intellipharmaceutics (IPCI) at 'Buy' Following Q3 Results; Says Rexista NDA is Next Big Event
October 14, 2016 12:09 PM EDTMaxim reaffirms Intellipharmaceutics International (Nasdaq: IPCI) at Buy with a price target of $6 following Q3 results issued Thursday night.
Jason Kolbert noted the following on Friday:
Licensing agreement. Intellipharmaceutics recently announced a commercial supply agreement with Mallinckrodt ($3M... MoreIntellipharmaceutics (IPCI) Reports In-Line Q3 Loss
October 14, 2016 6:09 AM EDTIntellipharmaceutics (NASDAQ: IPCI) reported Q3 EPS of ($0.07), in-line with the analyst estimate of ($0.07). Revenue for the quarter came in at $554.9 thousand versus the consensus estimate of $530 thousand.
Corporate Developments
In October 2016, the Company entered into a license and commercial supply... More