Doctors in offices have only 5 to 8 minutes to see patients. Easier to give script for pill than to give iv med. Hopefully, if someone is really sick they will opt for P.
Look at their website. To me it looks like they have prepared this for a long time, complete with order and reimbursement information. Browse around. Looks terrific. Doesn't present at all like there are any order hangups. Let's see how the order statistics flow -- that is if that info is released
Look at their website. To me it looks like they have prepared this for a long time, complete with order and reimbursement information. Browse around. Looks terrific. Doesn't present at all like there are any order hangups. Let's see how the order statistics flow -- that is if that info is released (are you reading this Rob - is your Yahoo ID rbennett64?)
I hope we don't lose out on a great announcement because of the Express Scripts / Abbvie deal!!!
Big of you to say that. He might appreciate it more if you spelled his first name correctly. Merry X-Mas mr. kiwiarse, wherever you are.
I see your point. Maybe wait for further overreaction shakeout first. Sometimes these kinds of failures where the technology itself may be called into question takes months to sort out.
Buying this now will take patience.
The thing with IMGN that concerns me is that what they are selling is the linker system that ties the antibody to the "poison." The failure is curious. IMGN collects royalties on the linkage system. Maybe investors are more enamored of the new checkpoint inhibitors, etc, that are selling their shares like crazy to bother with this "older" technology.
Not to worry. I'm very careful here - my experience with this stock is that it always surprises me.
In any case, I am watching carefully today and Monday, as should everybody.
With Bellicum and Juno stealing the show, forget Biocryst for now.
One more line from the Spokesman-Review article -
"HollisterStier has halted manufacturing the specific drug that was cited for irregularities during the FDA investigation, Jordan (HS spokesperson) noted. The company has a policy of not divulging the names of clients or the drugs they ask HS to make. Jordan added that the drug in question is not a vaccine."
Pretty ugly situation!
Yes me2, it may be expected. I've been at this a long time. And I know this about stocks - it doesn't matter what the street has already factored in; even repeated bad news gets a stock pps pummeled. Punish first, and ask questions later is the reality. That's why my advice to anyone reading this is watch the situation very carefully.
Quote from Spokane paper, Spokesman-Review, from last year - "The FDA action (warning letter), however, does halt Hollister-Stier's production of substances being developed for clinical trials before they can receive final federal approval. Such substances are referred to as new drug applications, or NDA contracts."
"HS can't resume its NDA contracts until the FDA lifts the sanction. What's more, the FDA noted that 'other federal agencies may take this warning letter into account when considering the award of contracts'".
In my limited view, given the amount of time that the warning letter has had to be lifted, this is too close to the PDUFA date to be taking chances. HS has had over a year to correct this. I would watch the situation very carefully.
Left2 - thanks for pointing out this post. I thought Peramivir was being hospital tested vs Tamiflu. But if the latter doesn't have much of an effect, how come P didn't shine in the hospital trials? What is being missed in testing these drugs? If P isn't approved by the FDA, then FDA should revoke Tamiflu's license. It has never really been proven to work. Such a conundrum!
They don't do press releases, remember?
"But Me of big-time Babu faith."
Calm down David.
I am just not so sure FDA is really in tune with what HHS is trying to do; even if FDA is under HHS. They haven't bent over backwards to get P on track; if they were P would be approved by now.