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AMAG Pharmaceuticals, Inc. Message Board

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  • bronkonagurski1908 bronkonagurski1908 May 27, 2009 8:22 AM Flag

    Almost No Free Float


    You seem to be obsessed with spreading the risk gospel, but I really don't understand why you have this fixation. The company has cleared all potnetial hurdles. I think the FDA would have raised a red flag and they have had numerous opportunities.

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    • You mean that 2 complete response letters is not a red flag? Come on. Even an honorary member of the fan club can see that this suggests issues. If they had merely needed to dot the i's and cross the t's on the label, they would have delayed taking any action as we have seen numerous times in the last 12-months. The 2 negative actions are ominous, and I would not assume that because the company specifically states "they believe" they can address the issues expediently, that that is what will happen and that the Agency also believes this. Be critical or be burned...

      • 1 Reply to doublestat
      • No, 2 CRLs is not a red flag at all. And if you look at precedent situations, you would know that historically 95% of companies receiving Class 1 response letters where open issues did not include additional clinical data were ultimately approved. That's where Wall Street analysts are getting their risk adjustment figures. I don't mind hearing a contrarian opinion on the stock, but you clog up every thread with babble that does not address relevant issues.

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