Happy Anniversary Howard I missed congratulating Howard on the June 13th 2022 anniversary of the AbbVie deal.
That was a real watershed for Sirona. Howard with next to no funds in the SBM coffers thought it would be a great idea to skip any kind of significant upfront and go for a higher royalty rate. So much so he even convinced the board to accept that setup.
Then the deal is announced with ZERO details and I mean ZERO details. Howard thought the market wouldn't mind that and anticipated the stock would be shooting through the roof and was already planning out hiring additional staff, ordering new equipment, etc.
Here we are TWO years later and all Howard has from AbbVie is a selfie from a convention. The best news they could announce is Howard is finally getting out of the way and letting this ship be guided by a competent captain. Tech and science is there ...... management has proven they are incompetent at best.