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Affymax, Inc. (AFFY) Message Board

  • foggiafc foggiafc Apr 24, 2013 10:43 PM Flag

    Let me clarify something about these so called lawsuits against Affy. Part 1

    Firstly these guys are charlatans trolling for clients. Now as regards lawsuits. Let's break up how you made the investment in Affy. My example. I read about Affy. Looked at their drug and decided this might be a good investment that could make me money. No one advised or put undue pressure on me to buy the stock. The FDA looked at the drug and I am sure they have lawyers as well. They liked what they saw from the trials and approved the drug. All goes well and suddenly in the same month there are some adverse reactions and Affy withdraws the drug to find out the cause. I am not happy but legally there was no misrepresentation, just an unfortunate unforeseen side effect in a very small portion of the patients. Legal case against Affy. Zero, Nada. A judge seeing this bought up to him or her would throw the case out. No merit to the case

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