This may very well be my last post here if the stage is set for Omontys issue is partially or wholly settled by this Thursday's CC. Of course some of you have read parts I & II of this series. I do, however, want to point out the followings (some of which is repeats):
1- As previously mentioned I have been practicing medicine for a few decades and getting ready to hopefully retire in the near future. There is an old saying that there are no coincidences in medicine. Any doctor, nurse, pharmacist, etc involved in today's health care can tell you with 100% certainty that there is NO WAY IN THE WORLD that you could have over 25000 patients take any drug, by injection or otherwise, without any serious side effect and then suddenly in February, and after 11 months of usage, you have 3 deaths unless there were some new external factors introduced. Science of medicine while complicated it also involves some simple common sense facts and this is one of those facts. Omontys as manufactured prior to February could not have possibly caused those deaths. The culprit could be something went wrong on February batches or other medications were begun to be given at the same time as O beginning February that could have caused this or the culprit could be dialysis equipment malfunction or defect, or..., or...., or....BUT NOT OMONTYS AS MANUFACTURED UP UNTIL FEBRUARY AND AS USED BY THE FIRST 25000 PATIENTS.
2-Omontys was and is well regarded by many physicians as once a month dosing allowed it to be administered in the nephrologist offices as well as some internists and family physicians and did not have to be necessarily coordinated with the dialysis centers. While currently most were given by these centers the trend was to move the injection to the clinics and no doubt once O is retuned to the market that trend will continue.
3-The number of deaths....continued
I had previously read your 2 previous posts over the last week or so. I also finally read the part III you had posted last night which came in 3 segments but had some difficulty locating all 3 as the first one, which is this chain I am replying to, is simply named "part III", the second is named "part III...continued", and the third and last segment by error is named "part II .continued 2" (not III as it should have been).
Is there any reasons why you cut your post into 3 segments and not contain it all in a single one? Also, I value you posts, as an experienced doctor, quite a bit and hope others were able to find all 3 segments of part III from last night and read them all (specially the last and third segment). I think you have more than anyone else nailed the issues involved. Please keep posting. Thanks.
Sentiment: Strong Buy
Until the smoking gun is found, this stock will not recover and that may be a long way away. Meanwhile one has to worry about the mounting lawsuit and the cash position. The best science cannot save a company if it drags on for too long. In the early 80s, many biotech with hopes and not enough cash folded. That should be a lesson to would be investors.
I still holding a #$%$ load of calls that will expire April and July but I have given up hope for a speedy recovery.
lawsuits? ..oh my stock dropped so let's sue..they are frivilous as soon as the info was gathered affy and takeda announced the decision...should have sold at 16 before the decision to pull and investigate...that is investing/trading 101