Eisai is doing nothing until the CVOT results, which is why they needed to cut costs to the bone 2 years ago!!!
The head of the USPSTF needs to resign and some people need to go to jail. I was one of the shareholders that got hosed!
amen and amen. They should have cut 2 years ago, but JL is a fool and Hixson is holding on for retirement. The entire BOD needs to go and without pay. The company needs to be gutted, only activities related to partnering and progressing the pipeline are needed now.
yes, it's not about age it's bottom line- trials were not being enrolled and completed on time. Really, how difficult can this be, it's basic project management, watching timelines, following up...Get things done, or get out.
Shareholder money is burning too fast. Jack and Hixson fiddled while they burned way to many $millions. It was obvious to me that costs needed to be cut 2 years ago because they could not afford to continue basic research and it was costing money and not adding to shareholder value. Probably the same situation with the Swiss plant.
I really don't want to see any stock sold at $2. With this high burn rate it will be a huge cost in dilution for the existing shareholders. S9 JL and others think the company has unlimited funds for research, but not at $2 in equity price. And please, no debt and no deals with DF (the devil).
Jack has some nerve showing up at the shareholder meeting. He's about as dumb and clueless as a brick. How that guy gets a gig like CEO is beyond me,
Even before Munshi came on board, ARNA had companies interested in discussing a partnership for the drug. They decided to wait and allow for his strategic input. The question is/was do we do another small study to prove efficacy or activity in UC and therefore increase the potential for up front cash, or partner sooner and hope to accelerate development and make up the difference in milestones. I would expect a partnership, or a new, small phase II in patients this year for sure.
Thanks for your input, I recall you were an excellent poster for Trius. I think you are making to much of a deal about Shanahan, I prefer more cost cutting and removal of the people (fools) that got us to this pathetic share price.
OK, I said this exact thing months ago and you had a very different (negative) reaction. Maybe I should be the CEO, I've been telling them to get rid of all costs not related to moving the pipeline forward for 2 years. Now we have a cash crunch and they are filing to potentially dilute again at what would be a very low price, if they did it now and that would cripple the stock and destroy the LT shareholders.
Did anyone ask about cost reductions and how they will avoid dilution?
leaking USPSTF info would be highly illegal. Shorts seem to have been tipped off before the bad news, not again maybe? Someone better go to jail if this is so and they can send some of their ill-gotten gains to me and the other shareholders that got hosed by USPSTF!!!
clearly some highly illegal leak of information has occurred somewhere. If it's with the USPSTF the investors that were hosed (by USPSTF) should bring suit.
where do the shareholders go to get their money back from this crooked USPSTF, I lost tens of thousands thanks for their unexpected ruling..