Post by
stockman6767 on Jun 04, 2021 4:26pm
Approved - SO WHY DID THEY SELL TO KEDRION?
Approved - SO WHY DID THEY SELL TO KEDRION FOR A MERE $5 M? NOW THEY REALLY LOOK STUPID!
Comment by
stockbuphoon on Jun 04, 2021 5:31pm
Either they are irretrievably stupid or they are planning to go private or maybe just sell small molecule division on Monday? Who announces that their lead indication for 4050 will not go to phase 2 trial in middle of a phase 1 trial a week before a PDUFA date? who knows - maybe they announce a financing at $3.75 on Monday morning. Anything is possible with these clowns!
Comment by
stockman6767 on Jun 04, 2021 5:35pm
The only place my mind goes on this is some very nefarious underhanded and under the table doings. I can not come up with any logical, legitimate reason for their actions since they took over the company.
Comment by
stockbuphoon on Jun 04, 2021 6:00pm
The money was always on 4050 kidney and liver.and yet they put IPF out in the presentations as their lead indication only to pull it. This action alone tells me that Tomfvck is playing the long game here and will go back to Boehringher and another at the table in 2018 and sell it to highest bidder. No way that they hang around for another 2-3 years for kidney and liver results.