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Allergan Inc. Message Board

  • dances_with_knives dances_with_knives Mar 14, 2014 1:50 PM Flag

    No worries about China or Asia Pacific sales? NUS never came back.

    Not to mention competition from other big pharma players. Action on this stock looks very manipulated right now, usually signalling a sharp move lower on heavy volume

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    • Sales to eastern Europe will fall off a cliff. Also,

      “A healthcare company’s primary obligation must be to deliver products that are properly tested for safety, and meet all the appropriate regulatory requirements,” said Steve Berman, attorney for the plaintiffs and managing partner of Seattle-based Hagens Berman. “In this case, we intend to show that SkinMedica and Allergan skirted laws that required them to disclose the significant safety concerns at issue and the lack of regulatory approval.”

      “We believe that in SkinMedica’s zeal to market its skin care products, it created a serious health risk for those who used TNS products,” Berman added.

      According to the firm’s investigation, SkinMedica’s TNS products, which have been sold nationally through doctors’ offices and retailers, contain a proprietary mix of “human growth factors” derived from human foreskin tissue. Human growth factors are intended to mobilize, stimulate, or otherwise alter the production of cells, including the ability to initiate cell division, which could stimulate growth of cancerous tumor cells, according to the complaint.

      The suit alleges that in marketing their TNS products, Allergan and its subsidiary SkinMedica did not adequately disclose the health risks associated with these growth factors.

    • Class action lawsuit in CA announced today. Looks pretty damaging- the exit may get pretty crowded as we just hit another new all time high yesterday....

 
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