Doing it our way now: the approach this company pioneered is becoming the market's way
The model's full reasoning — Q3 2016 call → NOWe need answer YES/NO. Need analyze transcript. Question: Does management describe that the company's way/approach/product/technology/business model is now being adopted/copied/moved toward by others in market, validating company? Need only transcript. Scan transcript. Management talks about products, pipeline, IP litigation, BD. No mention of competitors adopting their approach. They mention Shire launching long-acting Adderall XR? Actually in Q&A John Boris asks about "long-acting 16-hour Adderall XR-like product that Shire will launch. What’s the royalty rate..." That is about royalty on Orenitram? Wait Shire product? Let's parse. The transcript: John Boris asks: "Second question has to do with the accounting for the long-acting 16-hour Adderall XR-like product that Shire will launch. What’s the royalty rate that we should be assuming on that front?" Then Greg/Jack answer: "Yes, we had communicated that it’s a low single digit at that time. So you’re right. Shire did communicate recently that they really they are progressing on potentially launching the product in the second half of 2017, so hopefully that will continue to be the case, and look forward for them to launch it successfully." This is about a product that Shire will launch, and Supernus receives royalty? Actually Supernus had royalty monetization transaction? Wait Orenitram? Let's understand. Supernus has royalty on Orenitram? The $30 million royalty monetization transaction entered into company recorded as revenue in July 2014. It was royalty monetization transaction. The royalties received by counterparty? Actually Supernus monetized royalty stream from Orenitram? The question: "accounting for the long-acting 16-hour Adderall XR-like product that Shire will launch. What’s the royalty rate that we should be assuming on that front?" This might be about a product that Shire will launch that is similar to something? But management says "we had communicated that it’s a low single digit at that time. So you’re right. Shire did communicate recently that they really they are progressing on potentially launching the product in the second half of 2017, so hopefully that will continue to be the case, and look forward for them to launch it successfully." This is not about others adopting Supernus's way.
| Ticker | Company | Call | Date | Call grade |
|---|---|---|---|---|
| AES | The AES Corporation | Q1 2024 | 2024-05-03 | C+ |
| GGR | Gogoro Inc. | Q1 2023 | 2023-05-11 | D |
| TGT | Target Corporation | Q4 2022 | 2023-02-28 | C |
| ORAN | Orange SA | Q2 2018 | 2018-07-26 | B |
| USFD | US Foods Holding Corp. | Q1 2018 | 2018-05-12 | C |
| SHOO | Steven Madden, Ltd. | Q1 2017 | 2017-04-21 | C |
AES · Q1 2024 → YESThe question is: Does management describe that the WAY THIS COMPANY DOES THINGS is NOW BEING ADOPTED, COPIED, OR MOVED TOWARD BY OTHERS IN ITS MARKET, so that the company's own way of doing things is ...
GGR · Q1 2023 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?
TGT · Q4 2022 → YESThe question is: Does management describe that the way this company does things is now being adopted, copied, or moved toward by others in its market?