Horizon Beefs Up (While Burning Through Cash)
Today, Fool.com health-care analysts Brenton Flynn and David Williamson discuss Horizon Pharmaceuticals and the recent completion of its salesforce rollout for for Duexis. The company expects to reach about 50% of necessary doctors, and Brenton excepts a commiserate acceleration in sales.
Duexis is a crucial drug for the company, but it's burning through cash at the moment and faces generic competition, so this salesforce announcement is more important than just increasing sales: It has huge implications for the company's future viability.
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The article Horizon Beefs Up (While Burning Through Cash) originally appeared on Fool.com.Brenton Flynn, Dave Williamson, and The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Covidien. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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