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Affymax, Inc. (AFFY) Message Board

  • nomorelosses nomorelosses Mar 7, 2013 5:15 PM Flag

    A Doctor's point of view, part II

    For those that follow this board they know that I posted my point of view here a few days after O was pulled and only after giving it much thought and looking at everything I could put my hands on.

    This is my second note here. As I had mentioned before it is clear to me, and any experienced person in the medical field, that O as manufactured for the first 25000 patients and first 11 months of use is in NO WAY responsible for those reactions and deaths.

    Put another way, you SIMPLY CAN'T NOT HAVE A MEDICATION THAT IS WORKED FOR SO MANY (25000) AND OVER SUCH A PROTRACTED TIME (11 MONTHS) SUDDENLY CAUSE ALL THOSE ALLERGIC REACTIONS.

    THAT IS SIMPLY NOT THE WAY MEDICATIONS WORK.

    Like I had mentioned something else much of gone wrong but that the original O and as it was originally manufactured is FINE and I feel today's stock move VINDICATES that VERY OBVIOUS point of view.

    As it stands the only question at this time is when (and NOT whether) O will return to market and how long before pps returns to previous levels. MY view is that because of what mentioned above I would expect O to return to market within weeks if not days and pps will return to previous levels in short order. I actually think pps will surpass previous highs for simple reason that many doctors have become more familiar with O because of what is happened and once they know FDA is okeyed it back to market many will get on the band wagon of using it.

    Sentiment: Strong Buy

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    • acad_supposedlybk_at70cents acad_supposedlybk_at70cents Apr 10, 2013 11:19 PM Flag

      ACAD __@ .70 ___ was likely going to BK according to mb posters and media shills ____ $8.10 today
      look it up.

      CLWR, Clearwire also likely to go BK but it went up 400% from low.

      BAC, yes Bank of America, look it up and its stock price.

      Plenty plenty of like kind stories like AFFY.

      PPHM hit .50 on media shill fears of BK before it then proceeded to launch to $5.00. Now it's 1.44

      AFFY was $25 then it went to $4.00 on same fears. From $4 it went back up to $25 !!!!!!!!

      See the price now?

      Guess what, ALL stocks are bad...ALL of them, unless they make you money. It is ALWAYS about your entry and your exit, aka your timing.

      Reality is: the FDA is grossly negligent for damages if the drug is proven, repeat, PROVEN, dangerous.

    • Part 2

    • Thank You

    • Also, the CEO indicated that the 2 deaths are not related to the drug reaction...see transcript:

      Three cases of serious anaphylactic reactions associated with fatal outcomes were reported in February. Two deaths reported prior to February were deemed to be cardiovascular in nature. In these 2 cases, patients' symptoms were not consistent with hypersensitivity reactions, and in consultation with outside experts, these events at the time were not considered likely to be a result of drug-related hypersensitivity. These cases were reported to the Food and Drug Administration in accordance with regulations.

      To date, and to be conservative, we are considering all of these cases in our evaluation and recall decision.

      At this point, we are unable to prospectively identify which patients may be susceptible to hypersensitivity reactions. We are investigating potential ways to address this risk. It appears that in the rare cases that have been reported thus far, serious hypersensitivity is a first-dose phenomenon and has only been reported with intravenous administration of the drug. In the post-marketing setting, there have been no reports of such reactions following subsequent dosing in patients who have completed their dialysis session or in patients receiving the drug subcutaneously, although the subcutaneous patient numbers are limited.

      The companies are actively investigating these cases to determine a root cause of these events. If we can identify and address the underlying cause, the FDA has said they would work with us on appropriate next steps for the product. In the meantime, we have suspended our promotional efforts and have instructed health care professionals that no new or existing patients should receive OMONTYS.

      • 1 Reply to wanna_million
      • CEO said that they are working with FDA to reintroduce O:

        In summary, we believe that although the majority of patients have tolerated OMONTYS well, suspension of promotional activities and a product recall is warranted at this time. Our priority is to attempt to determine and appropriately address the root cause of the hypersensitivity reactions and work with the FDA to reintroduce the product to the market.

    • dont know what standard procedures are in a omonty/-type of situation, but common sense would prevail here............manufacturering tested, lots tested, equipment at site tested, administering tested. after 100% ok, a planed drug to administer for future reactions-anti seizure med...........then back into sales again. takes a couple of weeks not year like bashers bash about.JMHO

      Sentiment: Hold

    • I happen to be a nurse icu/ed. Not that you need my position to substantiate what you have said, but I understand medicine and it's my job too. it is my opinion, that sensitization needs to take place before anaphalactic shock/reaction can occur. If these recipients of Omonty were first time users, they MUST have been sensitized by something other that the drug itself. A base solution? A mixer? A preservative? Agree, this may take some time to figure out, and imo, the sharp investor already understands this, but this investor is accumulating. It is near impossible for the active anemia drug to be the culprate as the severe anaphalactic reactions would necessatate antigen stimulation to arouse these antibodies. IMPOSSIBLE with FIRST TIME USERS!!!!! jmeo.

    • Well said Doc. I 100% agree. Also with CC coming up next week and yesterday's jump showing that many are starting to realize what a gold mine this is, I believe people would want to hold onto their shares over the weekend and don't want to miss another day like yesterday or better.

      I also plan to hold on to all my shares this weekend and until the CC but most likely will not sell until at least $15.

      One last thing Doc. AFFY's 52 weeks high was $27 but is selling right now under 4 bucks. I believe smart money is accumulating with both fists but slowly because they don't want to rock the boat.

      Sentiment: Strong Buy

    • Thanks for caring about others in the blind. Thanks a lot Doc, what's for dinner, lol. Hopefully a lot of money in near feature.

      Sentiment: Strong Buy

    • Also there were changes to label in December 2012. I copied from fda.gov:
      Omontys (Peginesatide) Injection
      Detailed View: Safety Labeling Changes Approved By FDA Center for Drug Evaluation and Research (CDER) – December 2012

      Summary View


      CONTRAINDICATIONS
      Serious allergic reactions to OMONTYS which may include anaphylaxis

      WARNINGS AND PRECAUTIONS
      Serious Allergic Reactions
      Serious allergic reactions, including anaphylactic reactions, hypotension, bronchospasm, angioedema and generalized pruritus, may occur in patients treated with Omontys. Immediately and permanently discontinue Omontys and administer appropriate therapy if a serious allergic reaction occurs.

      Sentiment: Strong Buy

    • The interesting thing to me is the following statement in the notice.
      There have been no reports of such reactions following subsequent dosing, or in patients who have completed their dialysis session.
      Are they saying that the patient was given a dose, had a reaction and was later given another dose without reaction? If that is the case, then it would seem the reactions are lot specific.

      Sentiment: Buy

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AFFY
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