EirGen Pharma/Packaging Facility

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EirGen Pharma/Packaging Facility Jul 29, 2020 8:49:51 GMT miamianne67, icemandios, and 13 more like this

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Post by Deleted on Jul 29, 2020 8:49:51 GMT

www.linkedin.com/posts/eirgen-pharma_oneteam-lifeateirgen-workateirgen-activity-6693869392909938688-aJWZ

Today is a significant day for our Team at EirGen Pharma as our new Packaging Facility was formally handed over to our Packaging Operations Team, paving the way for commercial packaging to commence this week.

This new, state of the art facility marks a significant milestone in EirGen Pharma's expansion and reflects the high achieving team we have given that construction on this facility commenced just last October.

With this expansion EirGen Pharma now offers the complete integrated solution from manufacture right through to Pharmaceutical Packaging and serialisation for global markets.

Well done team.

#OneTeam #LifeAtEirGen #WorkAtEirGen

Last Edit: Jul 29, 2020 8:50:43 GMT by Deleted

jakemn
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EirGen Pharma/Packaging Facility Jul 29, 2020 11:06:57 GMT sgard434, icemandios, and 9 more like this

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Post by jakemn on Jul 29, 2020 11:06:57 GMT

It is always so quiet across the pond, with little visibility. I imagine they are just manufacturing products (generics) for third party pharmas. Slowly building up their facilities, capabilities, and experience in the space. All while they wait for OPK's pharma products to be shifted over to them (instead of Catalent). When they do, I wonder if their margins improve on Ray? Maybe at that point the price can be lowered (right around the time additional indications come online) and it can really take off.

Deleted Deleted Member Posts: 0 Apr 19, 2024 15:38:12 GMT	EirGen Pharma/Packaging Facility Oct 21, 2020 16:49:29 GMT sgard434, miamianne67, and 9 more like this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Deleted on Oct 21, 2020 16:49:29 GMT charts.stocktwits.com/production/original_251646335.png

Deleted Deleted Member Posts: 0 Apr 19, 2024 15:38:12 GMT	EirGen Pharma/Packaging Facility Nov 1, 2020 8:59:09 GMT sgard434, miamianne67, and 4 more like this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Deleted on Nov 1, 2020 8:59:09 GMT These drugs are manufactured by Eirgen.

dnr08
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EirGen Pharma/Packaging Facility Nov 1, 2020 13:46:04 GMT icemandios, investobefree22, and 2 more like this

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Post by dnr08 on Nov 1, 2020 13:46:04 GMT

Nov 1, 2020 8:59:09 GMT @alexgoldan said:

These drugs are manufactured by Eirgen.

Well, if their revenue is proportional to the number of letters in these drugs, then they’re making a fortune!

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EirGen Pharma/Packaging Facility Nov 1, 2020 13:55:39 GMT miamianne67, Chuck-2, and 2 more like this

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Post by Deleted on Nov 1, 2020 13:55:39 GMT

Unfortunately, I cannot see the history of changes in the drugs that Eirgen began to produce.

In any case, I will try to check once a month for the change in the expansion dynamics of new drugs that they will produce after the launch of a new packaging facility in October 2020.

Last Edit: Nov 1, 2020 13:55:48 GMT by Deleted

jakemn
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EirGen Pharma/Packaging Facility Nov 1, 2020 15:35:32 GMT

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Post by jakemn on Nov 1, 2020 15:35:32 GMT

Is there a "drug translator" that can equate these drugs to their American equivalents? I am assuming they are generics that are comparable to a brand name. It would take me a lifetime to figure out which markets these generics target. I recall seeing just a few weeks ago that Eirgen's "first shipment" left their facility. I expect that Q4 will start to see a bump in revenue from this business line. I have been curious how much money is in it since they spent $75M (I think) on this expansion over the last 2 to 3 years.

I read in the Q that Ireland's revenue is way down this Q. I am curious why, pandemic related?

Last Edit: Nov 1, 2020 15:45:28 GMT by jakemn

explorermadc
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EirGen Pharma/Packaging Facility Nov 1, 2020 16:41:29 GMT via mobile miamianne67 and jakemn like this

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Post by explorermadc on Nov 1, 2020 16:41:29 GMT

Nov 1, 2020 15:35:32 GMT jakemn said:

Is there a "drug translator" that can equate these drugs to their American equivalents? I am assuming they are generics that are comparable to a brand name. It would take me a lifetime to figure out which markets these generics target. I recall seeing just a few weeks ago that Eirgen's "first shipment" left their facility. I expect that Q4 will start to see a bump in revenue from this business line. I have been curious how much money is in it since they spent $75M (I think) on this expansion over the last 2 to 3 years.

I read in the Q that Ireland's revenue is way down this Q. I am curious why, pandemic related?

The revenue in Ireland is down primarily because the developement revenue is down for HGH.

jakemn
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EirGen Pharma/Packaging Facility Nov 1, 2020 18:05:41 GMT via mobile sgard434, explorermadc, and 1 more like this

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Post by jakemn on Nov 1, 2020 18:05:41 GMT

Nov 1, 2020 16:41:29 GMT explorermadc said:

Nov 1, 2020 15:35:32 GMT jakemn said:

Is there a "drug translator" that can equate these drugs to their American equivalents? I am assuming they are generics that are comparable to a brand name. It would take me a lifetime to figure out which markets these generics target. I recall seeing just a few weeks ago that Eirgen's "first shipment" left their facility. I expect that Q4 will start to see a bump in revenue from this business line. I have been curious how much money is in it since they spent $75M (I think) on this expansion over the last 2 to 3 years.

I read in the Q that Ireland's revenue is way down this Q. I am curious why, pandemic related?

The revenue in Ireland is down primarily because the developement revenue is down for HGH.

Oh yeah, the amortization of the milestone is complete. Thanks

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EirGen Pharma/Packaging Facility Jan 13, 2021 13:50:56 GMT sgard434, icemandios, and 5 more like this

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Post by Deleted on Jan 13, 2021 13:50:56 GMT

EirGen Pharma

A great start to 2021, we have just received our certification from the NSAI for the ISO 45001 Occupational Health and Safety Management System. Health & Safety is really embedded in our culture at EirGen Pharma and it is a testament to all the team who put health and safety at the forefront of all decisions made & activities carried out that we were able to achieve this accreditation.

#healthandsafetyatwork #NSAI #safetyculture
Elaine O'Connor

REF:link

Last Edit: Jan 13, 2021 13:52:02 GMT by Deleted

jakemn
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EirGen Pharma/Packaging Facility Feb 23, 2021 21:19:24 GMT miamianne67 likes this

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Post by jakemn on Feb 23, 2021 21:19:24 GMT

I have been expecting great things from Eirgen. However, in the 10K I note that 2020 revenues were nearly half what they were in 2019 and 2018. Any guesses what is going on with revenues?

I was under the impression that the new facility they opened last year would start ADDING to revenues. The argument may go something like: "They are transitioning". However, I would then ask, what were they doing in their other facility that they were not able to continue after the new facility opened? Staff? Did they not have enough staff to operate both buildings and churn out product?

Last Edit: Feb 23, 2021 21:20:48 GMT by jakemn

opkfrostfan Supreme Member Posts: 690 Sept 30, 2015 17:48:29 GMT	EirGen Pharma/Packaging Facility Feb 23, 2021 21:24:19 GMT miamianne67 and jakemn like this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by opkfrostfan on Feb 23, 2021 21:24:19 GMT Jake it’s likely they lost one or two CMO contracts. Some of the big boys have been consolidating their vendors.

jakemn
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EirGen Pharma/Packaging Facility Feb 23, 2021 21:28:34 GMT miamianne67 likes this

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Post by jakemn on Feb 23, 2021 21:28:34 GMT

Feb 23, 2021 21:24:19 GMT opkfrostfan said:

Jake it’s likely they lost one or two CMO contracts. Some of the big boys have been consolidating their vendors.

What is your feeling on Eirgen manufacturing Rayaldee for Vifor and Somatrogon for PFE?

Did they "lose" the CMO or did they intentionally drop it to free up capacity? I am reaching for straws...disappointing if they can't woo a few big contracts with a brand new facility.

opkfrostfan
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EirGen Pharma/Packaging Facility Feb 23, 2021 21:40:49 GMT miamianne67 and jakemn like this

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Post by opkfrostfan on Feb 23, 2021 21:40:49 GMT

I’m very bullish on Eirgen and happy they can manufacture Rayaldee. I believe it was GSK who recently sold their manufacturing sites to a company built just to manufacture. If Eirgen had one or two of their contracts it would have caused the decrease. FWIW

jakemn
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EirGen Pharma/Packaging Facility Feb 23, 2021 21:44:00 GMT

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Post by jakemn on Feb 23, 2021 21:44:00 GMT

That is interesting. Just dreaming what "would have been" seeing an additional $40M show up on the revenue to OPK overall. I will have to go back and check the Qs and see if this has been happening all year long, or was something that just developed in Q4. I think if it was a large drop in one particular Q, that would be indicative of a major contract loss. Thanks.

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