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Affymax, Inc. (AFFY) Message Board

genedocteur61 2 posts  |  Last Activity: Jun 27, 2014 9:22 AM Member since: Mar 14, 2002
  • genedocteur61 by genedocteur61 Jun 27, 2014 9:22 AM Flag

    In my opinion, this drug was rolled out too fast without proper training of the sites. in the quest for rapid adoption it was adminsitered incorrectly at the dialysis centers.

  • genedocteur61 by genedocteur61 Jun 24, 2014 4:45 PM Flag

    Affymax board announces decision to dissolve company
    Affymax announced that its Board of Directors has approved the liquidation and dissolution of the company, subject to stockholder approval, and plans to distribute all available cash to its stockholders as soon as legally permitted and reasonably practicable after paying or making reasonable provision for all known and potential liabilities and other obligations of the company. Based on the information the company currently has available, which is subject to change, the company estimates that the aggregate amount of the distribution to stockholders could be a few cents per share, based on 37,490,095 shares of common stock outstanding as of April 30, and the remaining cash of approximately $4M as of May. The company's Board of Directors has approved a plan of liquidation and dissolution of the company, which is subject to stockholder approval. The company intends to call a meeting of its stockholders to seek approval of the dissolution and will file proxy materials with the SEC as soon as practicable.

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