From the PR (all caps are mine). Adam doesn't even try to be accurate.
"Galena Biopharma, Inc., a biotechnology company focused on developing innovative, targeted oncology treatments, today announced it has signed an agreement with a SUBSIDIARY OF TEVA Pharmaceutical Industries Limited for the commercialization of NeuVax(TM) (nelipepimut-S or E75) in Israel."
I made around a million doing the opposite of what AF suggested with ARNA. making a similar sized play here, in over 100k shares.
He's an idiot.
Teva would not have done any deal if they did not think the data looked good, period.
who are you going to trust, a multi-biollion dollal pharma company or some flunkie with no background?