Wake up, get some real management who know the business
This company has some value, it needs shaking up, turning around, getting some growth and selling off.
The current bunch of management have no clue how to do an acquisition or grow products beyond basics. Get some experienced guys in and give us a shot at getting some of our investment back.
Bingo. See multiple posts elsewhere under my handle, "macteague". I've been preaching this message for over 6 months. The current CEO has no pharma background. He is an experienced operator (unlike Collins), but not in this industry. Hopefully the BOD put him in the chair only as a transitional figure to work the Company out of a very tight spot. The challenge will be finding anyone with substantive experience in pharma who is willing to take the reigns at PTX -- it is a mess. The fact that the Company has gone almost 9 months with no CFO is evidence of this.
Can't find your posts. Agree wholeheartedly. Do you have access to the board to lobby for a new CEO? there are some good managers around in the same types of companies who have been successful and might be up to give it a shot.