$25M for a drug that has already been approved in multiple countries??? Where the heck is all this money going to??
S-1 any day. CSCO and Benchmark are high profile shareholders. They also have filed a patent case against FEYE. Stock is going to make a nice move in the next 30 days. Roth conference 3/11.
Up on 2.5 million and it gives back yesterday's gain in an hour on 300K. #$%$ .
President Obama is proposing to double spending to combat the threat of "nightmare bacteria" spreading in hospitals.
Obama's proposed budget, released today, includes $30 million annually for the next five years to detect and prevent "superbug" infections, which are resistant to even the strongest antibiotics, according to an announcement from the Department of Health and Human Services.
The money would be used to set up regional labs to identify outbreaks more quickly and to help hospitals collaborate on reducing the bacteria's spread, among other programs.
Combating antibiotic-resistant infections in this way could cut in half the number of hospital-acquired infections with C. difficile, a toxic bacteria that can cause severe diarrhea and death, said Thomas Frieden, director of the Centers for Disease Control and Prevention. That would save 20,000 lives, prevent 150,000 hospitalizations and save $2 billion in health care costs, according to the CDC. The initiative also could cut the rates of other resistant bacteria, including MRSA, salmonella and CRE, or carbapenem-resistant Enterobacteriaceae.
In a statement, the Infectious Diseases Society of America said Obama and Congress should go even further to combat antibiotic resistance. In particular, the society said Congress should give the Food and Drug Administration the power to quickly approve antibiotics for patients suffering from resistant infections. Congress also should pass tax credits to spur research and development of new antibiotics, as well, the group says.
More than 2 million Americans are sickened every year by antibiotic-resistant infections and at least 23,000 die from them, the society says.
The budget announcement came after the CDC released a separate study showing that doctors and hospitals are putting patients at risk of deadly infections because of frequent and sometimes careless use of antibiotics. Antibiotics are a staple of hospital care, and more than half of patients receive one
Exactly. However, I believe it will pull back again into the $6's. Low float cyber security play FNJN getting ready to move on S-1 filing and Roth conference coming up. CSCO owns 8%.
Then sell your stock and move on. What is the point of your post???? Love how these guys ALWAY buy at $0 and come on spreading doubt after the stock moves up.
Post another 20 times today Zipperhead.
Good question. Obviously, they are not getting their story in front of the right institutions who want to run it....yet. Some news would be nice as this group is doing very well.
Looks like more sellers than buyers to me as this has drifted from $6.85 level Friday to where it is now. Need to get their story out better than CRT has done so far unless there is a reason they are keeping the stock down here. Funds always want to make it look like the stock is dead in the water.