TELESTA THERAPEUTICS INC T.TST

Ipsen hires David Meek as CEO

[faraj69]

https://www.nasdaq.com/article/ipsen-names-david-meek-ceo-effective-july-18---quick-facts-20160711-00013

[TigerDawn]

Well, that certainly looks like Ipsen have set their eyes on North America.  Quizzically optimistic.

[finetimetoleave]

bettiing they aren't paying out to tst for the rights on the product- cheaper to buy them out and signed a deal - just what that amount is a question mark i would say as a good guess tst took the offer and we wait for the anouncement

[faraj69]

I'll tell you how much... https://www.bloomberg.com/news/articles/2016-01-19/ipsen-to-step-up-deal-making-scout-for-new-cancer-products Also fits the timeline for FDA approval for MCNA.  Can an all mean nothing but I'm just saying. 

[GeoEngineer]

Again, the CEO who promoted such strategy was no longer the CEO of Ipsen. i am sure TST was the top contender for a purchase offer from Ipsen up till probably the 2nd FDA results in april. but that 5 years estimated commerclization timeline just completely turned the table. the way i look at it, we do not know the details of the FDA meeting results, but we know according to the new release, TST

[DerekForeal]

Ispen is not pulling any strings, they got schooled... They don't have any say in the company as they only bought rights to commercialization. They might want to salvage their investment, but the shareholders that have an avg entry point 0.30 will never accept to wait another 5 years. IMO they are going to sell all the mcna assets including complete rights and are working on an acquisition

[finetimetoleave]

Appreciate your post however i don't see ipsen getting schooled by tst. i think that ipsen may have the aproval for the countries then waited to see if tst would be successful in the fda aproval.  Now ipsen with all of their resources checked the sae data as tst or esle the deal never would have been done regarding the sale of the rights. So i do think that based on this assumpton we

[peasoupfog]

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[blartar]

100 %  right on !!!  Now  if we see them issue themselves millions of options at 5-7 cents, then it is possible we are about to get some news in the next few months that would cause a spike to 15 cents or so, so they get out at a profit.  JMHO

[finetimetoleave]

i will explain it to you so that even you can understand. ipsen did not go into thisblindly hoping. They were positive that in the countries that they had been given the rights for that they would not have a problem. the way you portray it is as if they gambled.  LOL that is the joke. big companies dont play - they can shelf this thing if they want to 

[peasoupfog]

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