Also, unrestricted insurance access will go from about 35% in 2018 to about 85% in 2019. Year over year, sales are on target to increase by 400% despite the fact that insurance coverage for 2018 only covered the CIC label, while, in 2019, both IBS-C and CIC labels will be covered. I would go out of a limb here and say that Synergy's sales growth, given the insurance coverage they got for the year, has been nothing short of impressive. There were significant new to market blocks imposed on sales of Synergy's Trulance treatment. It seems I made a bad judgment call when I called CRG a "flexible lender" in my last article.ĬRG, a specialty lender that claims to understand how biotech companies work should know that a company's sales ramp-up rarely tends to be smooth progress. Lender CRG seems to have shown zero flexibility on reworking their sales targets even after aggressive cost-cutting measures and insurance wins have taken place. We remain financially strong and viable with continued expansion across our domestic and international research, distribution and production sectors.Investors in Synergy Pharmaceuticals ( NASDAQ: SGYP-OLD) have been completely perplexed and caught off-guard by a press release from the company warning that it could seek bankruptcy protection from its creditors. This medical breakthrough with the Herpes Simplex Virus 1 & 2 is revolutionizing the medical associations approach to viral diseases. ![]() Whereas, Synergy Pharmaceuticals Australia is centered on the treatment of viral diseases, particularly the Herpes Simplex Virus. The latter company is focused on the gastrointestinal field of medicine. Synergy Pharmaceuticals Australia is in no way affiliated with the New York based Synergy Pharmaceuticals. Synergy Pharmaceuticals Pty Ltd is an Australian multinational company at the forefront of scientific research and new product development focusing on viral diseases. The key ingredient to this combination is our Amino Acid Formula which may also hold the answer to many other serious health conditions. Not suppressing the herpes virus but actually completely eliminating it, leaving them with absolutely no medical trace of the virus. Results have repeatedly proven that this is the world’s first product that has completely cured people with herpes (HSV-1 & HSV-2). This all natural, no prescription required treatment works by boosting the immune system and targeting the source of the virus. All that has changed as the first medically tested and proven treatment to completely cure people of the Herpes Simplex Virus is now available. Most people don’t even realize that the herpes virus can spread to internal organs and the brain causing serious illness. ![]() Not to mention having to hide the fact you have the disease and letting your sex life suffer. There is nothing worse than never knowing when the next outbreak or cold sore is going to hit.
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