Aug 10th 2012 - Edison Investment Research today published a report on Vernalis (VER.L, LSE:VER, LON:VER) entitled "Cough/cold Portfolio On Track". In summary, the report says:
Vernalis’s alliance with Tris Pharma to develop up to six extended release cough/cold products for the US prescription market may prove to be the transformational event that delivers sustainable profitability. Exact timelines are uncertain; although the first products could be approved in time for the 2014/15 winter cough and cold season. Planning for the creation of the US sales force has begun, with recruitment likely just ahead of product approval. Further in-licensing efforts will now focus on products that complement the seasonality of the current portfolio.
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