Eisai will pay for the CVOT period. No way out of that. Arena got the drug approved and any one trying to sell something different is ignorant of the facts and laws or trying to mislead folks. Their only option is to sell off the contract or walk away from the contract and give Arena a ton of cash.
Any reasonable person would read the contract and if they did not understand it would hire someone to help them understand the contract or seek out someone with knnowledge about the contract before posting.
Show the language in the contract that allows that. If not your ppst is BS.
Termination for Commercialization is defined in the contract go read it. No need to guess about anything it is written in plain language and spells out the entire relationship.
approval and the stock goes up. Does no one see the bizzaro manipulation? People hear holding out for the FDA to ignore their recommendation which does not happen that often historically. Crazy, broken markets.
Warning Biotech Investors: FDA Advisory Panels' No Means No, Yes Means Maybe was a good article and should probably be read by investors here and ignore the bloggers, carnival barkers and shrills paid to spin this. Usually a No at the Advisory Committee means No, but in some rare occasions the FDA will go against them but that is rare...
I don't short stocks but thank you anyway. I am a long-term investor when I say long-term I mean 3 to 6 years.
lowest reported in more than 4 years. Amazing shorts were able to cover while driving price down and tutes were also able to build a position. That is a very important tell, ignore the bashers, naysayers and the Debbie Downers, they are living in the past. You don't buy a stock based on past performance, you buy it based on its potential in the future. Future earnings, future discoveries, future drug candidates.
You won't get an answer from this poster. He was at his mental limit when he cloned an id.