08:42 pm ET October 20, 2013
Gurpreet Dhillon wrote:
Looking at CDF website there are many well known drugs that they cover. H-P Achtar is one of over 70
The company has been target of short sellers, and this article is another attempt to bring down the stock price.
The mechanism of action of H-P Achtar is diff to those of steroids, so prednisone is a poor comparison. One of Achtar's mode of action is similar to that of prednisone but it acts through many other novel mechanisms which steroids do not. Furthermore, you have humiliated 1000s of doctors who prescribe Achtar: ie they don't know prednisone exists! Achtar is used after prednisone has failed! Then you have indirectly ridiculed the FDA:ie they approved the medication when steroids are an option! You're obviously hopping that readers of this article will be intellectually challenged and follow you through.......
The entire article is suspect and I am ashamed to subscribe to Barrons. I had high regard for Barrons, despite misgivings of my colleagues. I will not give this article any more attention.