I read somewhere that around 75% of all drug launches are very slow and struggle into the second or third year.
Can't be that hard! I remember Ron Bensur saying the providers are a small community, a market easily penetrated with a small sales force. Can we say, he was wrong???
If they have had low ball offers from BP they would not accept. I was in IDIX , sold at a 50% loss and the stock kept dropping . Many months later, the buy out happened an I wished I had not sold.
They should not partner if they are going to be bought out.
is bad news for shorts. So they fight back. That simple!
Loose lips sink ships.
Good day for the patients who need this drug!
It takes months to complete buyout negotiations.