Fabricating Takeda News of Its Commitment/Support of Omontys/AFFY Is a Deceitful Pumper Trick
It is sad, but true that AFFY pumpers frequently make up news that Takeda supports AFFY and Omontys after the recall. Some of the made up stuff, totally untrue, that has been posted is that Takeda gave AFFY a cash advance after the recall of $10M (Maxdad) and that Takeda hired The Brenner Group to manage AFFY (Maxdad/Exp). I have outed these falsities in prior posts.
Indeed, here are two more telling examples:
1. today's post that Takeda had issued a press release reiterating a Medicare J-Code for Omontys.
2. Expstocktrader's August 24, 2013 SA Article "Affymax: Putting the Pieces Together". There, Exp publishes that The author says "Based on recent news released on July 29, 2013, Takeda's commitment to OMONTYS, etc." Read the news contained in the link. It has nothing whatsoever to do with either O or AFFY. The "recent news" speaks to Takeda's Insulin and Diabetes products.
I always wonder why it is that the AFFY longs need to make stuff up if O is such a great drug, sure to return and AFFY is such a great investment.
GWP, you yourself have acknowledge that Takeda provided that advance and I have stated repeatedly that the agreement is between TBG and Affymax (so you could say that Affymax hired TBG) AT THE INSISTENCE of Takeda. Takeda did NOT want Affymax to become a boat anchor as they proceeded with the investigation and while it was harsh action, it was exactly what prudent business people do...OOPS, sorry I forgot you're NOT a business person, you're just a lawyer.