Teligent, Inc. (NASDAQ:TLGT) Q3 2019 Earnings Conference Call - Final Transcript

Nov 04, 2019 • 04:30 pm ET

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Teligent, Inc. (NASDAQ:TLGT) Q3 2019 Earnings Conference Call - Final Transcript

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Q & A
Executive
Jason Grenfell-Gardner

business is becoming more capital intensive as we think about 2020 to 2023. We think about eventually the installation of a high-speed filling line and being able to drive incremental pipeline and product growth.

So I think all of those things though have to be taken into context, the value and the balance sheet of the Company. The Company does have a significant amount of debt today. I think we all acknowledge that. And all of these assets of the business have some value that at the right consideration that allows us to derisk the balance sheet and to invest in our injectable business can be interesting. But I don't think that we're there yet, and as Damian said, we will continue to review that with our advisers as they continue to execute their project.

Operator
Operator

Thank you. And this does conclude today's question-and-answer session. I would now like to turn the call back to CEO and President, Jason Grenfell-Gardner for any closing remarks.

Executive
Jason Grenfell-Gardner

All right. Thank you, Chris, and thank you everyone for joining us this afternoon. We look forward to seeing some of you at the upcoming conferences later this month. Thank you again for your support of Teligent and for your time. Have a good evening.

Operator
Operator

[Operator Closing Remarks]