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Ruby Tuesday, Inc. Message Board

MattatUSC 3 posts  |  Last Activity: Oct 30, 2014 9:43 AM Member since: Aug 26, 2009
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  • Reply to

    The letter is only the begining

    by mattatusc Oct 1, 2014 2:23 PM
    mattatusc mattatusc Oct 30, 2014 9:43 AM Flag

    I tried to warn everyone....but all I got was thumbs down.

  • Reply to

    The letter is only the begining

    by mattatusc Oct 1, 2014 2:23 PM
    mattatusc mattatusc Oct 2, 2014 7:10 PM Flag

    They will remove it at the Next P&T meeting - see the email below from sent on Sep 30th to staff at the Alaska Medical Center

    "To all -- Please see the attached letter from the FDA to the manufacturer of liposomal bupivacaine (Picara) outlining misbranding accusations.

    Use by ortho is declining, use by general surgeons is increasing. We talked about this at the last P. and T. meeting and will be taking it up again at the next one, to include removal from the formulary. The drug was added for a six-month evaluation due to a request by Dr. ***, who is no longer using it because his impression is that it does not work according to claims"

    The bottom line is this company is a one drug company - and once Alaska removes liposomal bupivacaine at the next meeting, other states will follow. I'm not sure when their next meeting is , but when they decide to remove the drug the stock will dive for sure.

  • Providence hospital is getting rid of liposomal bupivacaine because it just doesn't work - and sent out a notice that the company's marketing practice poses patient safety risks. This stock is going to take a huge dive soon.

RT
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