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Bullboard - Stock Discussion Forum TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."

TSX:TST - Post Discussion

TELESTA THERAPEUTICS INC > FDA Letter w/online petition.....
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Post by txbioinv on Nov 19, 2015 12:45pm

FDA Letter w/online petition.....

Fellow longs, we got ballslapped yesterday like no other, lol. I had a few cold ones yesterday and took a pause, what can I say that no one else hasn't already posted. We got faaaacken railroaded, mainly by this Bartlett fellow; whom I am convinced swayed many no votes. This guy went on and on about who is MCNA helping, offlabel better that taking MCNA chance, pro chemo, etc, etc, etc...........He was determined as the MAIN TORPEDO from the opening minute. Yes, I do agree little Ms Champagne was ill prepared and was not firm enough with Bartlett, but then again none of the TST mgmt came to her defense, only Odonnell and Kamat. I am willing to draft a letter to FDA explaining professionally(in bad cop way) how this guy had his agenda from minute one and why only practicing (majority) urologists voted yes when all others voted no and how most couldn't comprehend most of the detail in the study. Is someone willing to setup online petition and help cooridinate with BCAN. Lets raise hell; I did it once on an ARNA drug approval and our voices WILL be heard, we shouldn't depend on others or chance, winners make their luck. Please advise if anyone interested. Inbox me.......stay positive. GL................TXBIOINV ps- I am scraping to add another 10K shares. this will be approved in its applied indications.
Comment by DamnYankees on Nov 19, 2015 1:07pm
I like your idea TX and I also appreciate your thought on this. I'd go a step further. Despite the B slapping we as investors took yesterday there are thousands, maybe tens of thousands of current BC patients who took it right between the eyes from what I can only call an arrogant collection of US aristocrats out to protect their individual feifdoms, whatever they may be. I'd bet most BC ...more  
Comment by txbioinv on Nov 19, 2015 1:32pm
Yes, I agree 100% on how the patients suffering with minimal treatment options are the ones getting screwed; I thank the man above everyday for my health, however limited it may be some days. Its the main reason the online petition needs to be coordinated with ALL bladder cancer groups/doctors/etc. Their signatures will be the backbone of this 'call to arms', petition/letter. Lets see if ...more  
Comment by KingSarloc on Nov 19, 2015 1:44pm
I agree - please proceed and draft the letter i'll spread the word and lets make this happen.
Comment by rusty4998 on Nov 19, 2015 1:53pm
I've received many online petitions from Moveon.org for many different things, not just political.  Maybe that's a good place to check.
Comment by txbioinv on Nov 19, 2015 2:44pm
rusty, Thank you for that info. I haved saved your post.
Comment by txbioinv on Nov 19, 2015 2:43pm
Thank you
Comment by DamnYankees on Nov 19, 2015 2:20pm
perhaps it is an accelerated stages of mourning process but I have gone from disappointment to pure anger at what happened yesterday. To you your point about a petition, I think that anything is best generated from the patient/ urology perspective. anything shareholder driven will be brushed away as a greed play. with that said, I could be incorrect, but I think that meeting was very thinly ...more  
Comment by txbioinv on Nov 19, 2015 2:41pm
I have emailed the COO and copied Dr. Berendt, as a courtesy letting them know my near term actions for FDA letter w/online petition. also faxing it now, I don't give a damn who reads it. All longs would be greatly amused by my note to them, how I feel, and how these actions of the FDA letter/petition will address the goat faaaaacking yesterday. Stay strong longs.......I will try and paste ...more  
Comment by DryBones on Nov 19, 2015 3:03pm
Champagne should be fired.  If she couldn't answer questions or know how to deal with the advisory committee after 8 years at TST she should be fired.  As for Berendt, why wasn't he presenting.  What was he doing yesterday?  Was he around even?
Comment by blartar on Nov 19, 2015 3:14pm
I listened to the whole fiasco and wondered where was Berendt & Olds. By 10 am I could feel we weren't prepared. As much as they have done to get us here, did they think it was such a slam-dunk and didn't have to show up. I thought by the afternoon session they would get involved and help us out. Were they even there. How do they expect to earn those OPTIONS.gltal
Comment by DamnYankees on Nov 19, 2015 3:41pm
Blartar, I suppose that you could ask the company what the reasoning for a VP being your highest ranking attendee was. Doubt you'll get much of a response. My concern as a shareholder is how long the company will let the SP get speed-bagged through uncertainty for before they step out of the shadows with whatever the revised strategy is, if there is one. As disappointed as they may be some ...more  
Comment by blartar on Nov 19, 2015 3:50pm
I imagine they are busy talking to the more IMPORTANT SH like Ipsen and Consonance Capital Management LP to answer an e-mail from me. I'm sure they want answers to. GLTAL
Comment by thathurt on Nov 19, 2015 3:51pm
IMO the COO (most likely) should've had the leader role in the Adcom meeting, it was IMO too much to expect the VP to lead and then also be a "technical expert" to handle the specific trial discussions...she was failed by TST leadership IMO..the COO as lead would've helped greatly (assuming his is competent in this kind of environment) in coordinating, adding valued colour and ...more  
Comment by txbioinv on Nov 19, 2015 4:00pm
Hurt, all very good and true points. Saved in my letter file. If we all listened between the lines, the seeds of doubt were being planted by Bartles or james, or whatever his name was, at every chance. However, no one from Telesta stood up and held their ground; ms champagne just redirected the general half truths to whoever she deemed best to answer. lessons learned by management hopefully. I ...more  
Comment by thathurt on Nov 19, 2015 4:22pm
i hold the VP lady harmless, i hold the COO and CEO to account...think of it this way she is VP Resarch a bad day for her is when the fungus growing in a rob petry dish turns red not green, or when an injected rats aXX inflates rather than deflates...she is technical genteel happy positve Research doing good..it is IMO a very skill set then being set up in a company make or break situation...and ...more  
Comment by txbioinv on Nov 20, 2015 9:57am
hurt, Yes, I do agree her bosses are responsible; obviously they decided who would do what during Adcom. The FDA letter will not bash any members of TST team. It will specifically contradict what the Adcom shoudve been about vs what actually transpired and all the half truths and generalizations.
Comment by jakobie on Nov 19, 2015 7:29pm
The fact that some insiders bought in at 0.79c at the last minute suggests that management might have miscalculated thinking that it would be a slam-dunk for whatever wrong reason. jakobie
Comment by vega509 on Nov 19, 2015 3:51pm
all valid points. the one missed, what did the FDA instruct the advisory panel to do? they were well aware of the PIII shortcomings when they gave fast track status, and yet it was a major issue with many on the panel. the parts I had time to watch seemed to have a "political" agenda.
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