Domain: tiger-web1.srvr.media3.us AUPH - Aurinia Pharmaceuticals | Page 139 | Money Talk
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re: AUPH - Aurinia Pharmaceuticals

Posted on 11/9/22 at 5:43 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
23786 posts
Posted on 11/9/22 at 5:43 pm to
If you were considering buying more or re entering, the CBO just increased his position by 50 percent, buying 30,000 shares on the open market earlier this week, following Aurinia's public patent defense.
The ~154k purchase represents about 1/3 of the CBO's salary.
Posted by jimjackandjose
Member since Jun 2011
6701 posts
Posted on 11/9/22 at 8:59 pm to
Considered it on todays dump. But I think market has more dump to go
Posted by Hussss
Helena, AL
Member since Oct 2016
7791 posts
Posted on 1/3/23 at 8:25 am to
Nice little pop in AUPH today
Posted by Turftoe
Denver
Member since Mar 2016
4375 posts
Posted on 1/3/23 at 9:04 am to
Sun and Aurinia agree to drop suits!
Posted by bayoubengals88
LA
Member since Sep 2007
23786 posts
Posted on 1/3/23 at 9:13 am to
This actually seems planned and well thought out for once!

Just before the biggest conference in pharma…

Please get sold. $18-24
Posted by bayoubengals88
LA
Member since Sep 2007
23786 posts
Posted on 1/3/23 at 9:16 am to
I think Greenleaf underpromised for Q4 and full 2023 guidance.

It was really strange that he gave ‘23 guidance on the Q3 call, but waited until Q1 of ‘22 to give 2022 guidance.

I think they did well with sells even with Thanksgiving and Christmas.
Posted by Rendevoustavern
Member since May 2018
1817 posts
Posted on 1/3/23 at 9:17 am to
Buyers could have been waiting for this result before making moves.



Plz sell >25 tho
Posted by jimjackandjose
Member since Jun 2011
6701 posts
Posted on 1/4/23 at 9:37 am to
I got back in but with options.

Hoping a sell or big time BO rumor in next month or 2
Posted by bayoubengals88
LA
Member since Sep 2007
23786 posts
Posted on 1/4/23 at 10:19 am to
Increased position by 1.5%
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 1/4/23 at 10:29 am to
Hope there is a buyout after this settlement...I wanna sell off my remaining position and dump it into crytpo sometime in the next 18 months
Posted by Caymus
Houston
Member since Jul 2015
1213 posts
Posted on 1/4/23 at 12:10 pm to
quote:

Hope there is a buyout after this settlement..


I am not sure what ultimately stalled the Fall 2021 BO but the patent litigation had to play a role, hopefully, 2023 is the year of buy out.
Posted by bayoubengals88
LA
Member since Sep 2007
23786 posts
Posted on 1/4/23 at 12:57 pm to
quote:

I am not sure what ultimately stalled the Fall 2021 BO
I think Peter wanted $45+ and he was only offered $35.

I believe Peter then enjoyed getting options at $12.01 and was caught off guard by the patent challenge, which brought us down to $6-7.
I think he was fine all along with poor sales, thinking he could get $30 in a buy out.

But poor sales and poor guidance on top of the litigation cloud and bad overall market sent us sub $5. I can guarantee you that that was ever the plan (surely not, right?)

One thing that makes me confident in this theory was Neil Solomons selling above thirty then leaving the company a few months later. I think he still has some options to exercise that expire shortly…

Also keep in mind the 63 million dollar investment made a couple months back. You think they didn’t know something?
This post was edited on 1/4/23 at 12:59 pm
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 1/4/23 at 10:30 pm to
I'm glad some Auphtomism has returned to the thread.

Hopefully we see some buyout rumors soon. Anyone know how sales have been? i checked the ole stocktwits but didn't see much of anything.



Posted by bayoubengals88
LA
Member since Sep 2007
23786 posts
Posted on 1/5/23 at 10:10 am to
quote:

i checked the ole stocktwits but didn't see much of anything.

It's been invaded by bots since trending.

According to Bloomberg it's been a good quarter, which is outstanding given the major holidays.
Posted by Rendevoustavern
Member since May 2018
1817 posts
Posted on 1/6/23 at 6:48 am to
quote:

VICTORIA, British Columbia--(BUSINESS WIRE)-- Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today provided an update on its business performance. Preliminary unaudited net revenue for the three months and full year ended December 31, 2022 was approximately $28.4 million and $134.0 million. For the three months ended December 31, 2022, preliminary unaudited net revenues included net product revenues of approximately $28.3 million and license and collaboration revenue of approximately $0.1 million. For the full year ended December 31, 2022, preliminary unaudited net revenues included net product revenues of approximately $103.5 million and license and collaboration revenue of approximately $30.5 million. As of December 31, 2022, Aurinia had unaudited cash, cash equivalents and restricted cash and investments of approximately $388.7 million.



Big pre market jump

Eta:
quote:

Preliminary Fourth Quarter 2022 LUPKYNIS Product Metrics There were approximately 1,525 patients on LUPKYNIS therapy at December 31, 2022, compared with 1,354 at September 30, 2022. Aurinia added approximately 406 patient start forms (PSFs) during the fourth quarter 2022, as compared to 374 in the third quarter 2022.
This post was edited on 1/6/23 at 6:52 am
Posted by bayoubengals88
LA
Member since Sep 2007
23786 posts
Posted on 1/6/23 at 9:31 am to
Peter has never done anything remotely close to this type of showmanship.
He's a new man
Posted by Turftoe
Denver
Member since Mar 2016
4375 posts
Posted on 1/6/23 at 9:42 am to
He's getting his girl all dolled up for next weeks show! Nice way to start the year, December was brutal.
Posted by jmcwhrter
Member since Nov 2012
7831 posts
Posted on 1/6/23 at 9:59 am to
Yeah definitely peacockin' before the JPM conference
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 1/6/23 at 9:06 pm to
Am I reading this right? we're only expecting 30-40% sales growth next year? is that gonna turn out to be a good thing? or is that as weak as that seems to me?

would only put us at like 160-170 million compared to the 134 we're gonna be at this year....


quote:

For the full year ended December 31, 2022, preliminary unaudited net revenues included net product revenues of approximately $103.5 million and license and collaboration revenue of approximately $30.5 million. As of December 31, 2022, Aurinia had unaudited cash, cash equivalents and restricted cash and investments of approximately $388.7 million.


quote:

“Given strong commercial execution in the fourth quarter, we demonstrated substantial growth in our key metrics for LUPKYNIS, including an increased total number of patients on therapy and an uptick in patient start forms in the back half of the fourth quarter, compared to the monthly average in the third quarter of 2022,” said Peter Greenleaf, President and Chief Executive Officer of Aurinia. “Given this progress, we believe we have achieved our 2022 full year net product revenue guidance and are positioned to achieve our net revenue guidance from product sales for 2023 in the range of $120-$140 million.
This post was edited on 1/6/23 at 9:33 pm
Posted by Rendevoustavern
Member since May 2018
1817 posts
Posted on 1/6/23 at 10:39 pm to
Yeah I’m a bit turned around on the positivity. I focused more on the script and PSFs vs top line revenue because the long term value is in scripts. Which is likely why Peter decided to go on his own vs sell/license a drug. Strategy is making a little more sense as we’ve moved on but the script #s haven’t been as dramatic as anticipated, likely due to unknown company vs giant pharma.

That said, I hope they calm the R&D for a few quarters to slow the cash burn. Last thing we all want to wake up to is another $150m cash raise.
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