I agree with you on that. I know they make it pretty easy with the reimbursement form up on the BELVIQ site. Pretty much just sign and fax. I was just wondering if anyone knew for sure if Reps where making Doctors aware of the improvements in coverage. There are some people here that claim they know some. Not that I completely believe them. There is one guy which I believe was being truthful but I haven't seen any of his post lately.
I wonder what Arena's expenses are going to look like? Something else needs to take shape here, and real fast. Their moving the pipeline which is good of course, but at what price? Plenty of cash in the piggy so not worried about another offering, but stagnant isn't good for the pps either. Arena needs another major announcement that can flush out out the I told you so crowd.
The market wants results now. They don't care about next year, next month or next week for that matter!
Nope, that will be Victoza. Oh yeah, they will be sure to tell you that "You may lose weight too"
All joking aside, I will be paying close attention to see if there are any drug commercials tonight. Lets see if any other Big Drug company/s are going to pay the big bucks for a 30sec slot. I heard it was as much as $4M dollars this year. If there are I suspect the usual complainers will be here saying they blew their chance.
The success of BELVIQ or any drug in my opinion comes down to reimbursement and marketing.
All eyes are on AETNA as mentioned in a recent article. AETNA is basically putting BELVIQ & QYSIMA in a boxing match. I think this is #$%$ ridiculous being that both drugs where already approved by the FDA. Now grant it regardless of the outcome one Doctor might prescribe one over the other for various reasons, but one is going to get left behind unless real world results are neck & neck with each other and we end up with a draw. The judges of this match are the big Insurance providers and they will be making decisions based on the outcome. I believe the Insurance companies are truly hoping for good results because they will save Billions by not having to cover expensive surgeries and other related cost.
All I can say is, I hope the results that people are claiming hold up to be true.
Would You Eat a Tapeworm to Lose Weight? This Guy Did
That is true, but there where a couple Blue Cross affiliates who commented in the article. This study is going to be huge, and will play a big role in the future of BELVIQ imo
That's what they're hoping for Luk. AETNA clearly makes it known that they hope things turn out positive because they would then save a huge amount of money by not having to cover expensive surgeries. Therefore opting for cheaper methods such as BELVIQ. This is defiantly something to pay attention to.
They are clearly hoping the study goes well. They would love to save the Millions possibly Billions being spent on surgeries. They made that clear in the article. I'm telling you if this study turns out well, then it will be light out once and for all for naysayers. This is huge and will determine allot going forward imo.
What I took away from the article is that AETNA is now going to run there own in house trials all over again to see just how well these drugs work. A little ridiculous imo, but maybe it's what we need to shut up all the naysayers. Because if AETNA comes out with a good report on this then all hell will break loose, and shorts will have nothing else left to hold on to. jmo i'll shut up now. GL everyone except shorts of course.
There is a fairly new article out on the Pilot program that AETNA is conducting. This had me thinking and is the main reason I am on the sidelines for now.
ALL eyes on AETNA and the outcome of the study. The article has commentary from BIG INSURANCE PROVIDERS for those interested in reading it. They all seem to be somewhat in the game, but only as a spectator for now. If BELVIQ shows promise which I believe it will, then we will be off to the races! You can bet your #$%$ i'll be here for that!
So what do you guys think of the article? I am prepared to be called everything under the Sun. SP500, I may need your bunker. Is there any room?
Yes, and it was mentioned today on the Lilly call You can listen to the replay around the 32/33 minute mark.
For now anyway. I don't like what I am seeing and had another nice profit to protect.
I think the commercials will be the traction we need, but until then I see more of the same. I was doing some research on the amount of time for commercials to hit the airwaves. What I found is that it could still be several months away.
With the markets down big, I am going to put my money elsewhere for the time being.
Now watch it go parabolic.
Matese, you're not being very nice. Anyway, are you not putting any value on the pipeline? What about the ROW/Partnerships/Mass Marketing/Growing Sales? Those are all catalyst wouldn't you say?
I see know news, so your right. Down 5% on 18,000 shares? Yeah right!! You snooze you lose!