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VRX | HARD TO SEE A WAY OUT FROM HERE - VRX CDS

OVERVIEW

The title of our short presentation on VRX back in July 2014 was "Something New Under The Sun?".  It seems like a good title in retrospect. 

Click Here for the original deck

its hard to see a way out from here...

  • Claim edits likely go to "deny all" for anything come out of a pharmacy named in the media or associate with VRX
  • Extreme RX price inflation practices put a fast halt to prescription growth
  • Regulatory scrutiny does not end quickly
  • Yields are blowing out, debt and equity capital raises look out of reach, limiting buy-back potential and end to a debt-fueled acquisition binge and the "new pharmaceutical" model.
  • How quickly does anyone really think VRX can restart the R&D engines?

VRX | HARD TO SEE A WAY OUT FROM HERE - VRX LEV LOAN

VRX | HARD TO SEE A WAY OUT FROM HERE - VRX 7

VRX | HARD TO SEE A WAY OUT FROM HERE - VRX 558

Please call or e-mail with any questions.

Thomas Tobin
Managing Director 

@HedgeyeHC  

Andrew Freedman

Analyst

@HedgeyeHIT