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Alias Born | 10/28/2013 |
Monday, July 28, 2014 4:44:39 PM
You may recall that NW actually has to fund itself. It may have done that with warrants cashed during the many trades that went on when it got added to the Russell, but if not then this shield that has been built to keep new investors disinterested is like putting a plastic bag over NW's head.
There was a tweet yesterday about GSK making an offer. If that turns out to be true, I am going to have to wonder if GSK was behind all this. It sure as hell was not MD Anderson. They didn't call up Adam Feuerstein, it was the other way around.
Feuerstein asked Subbiah at ASCO about NW publishing data on Direct, as they said they were going to do for 6 months. According to Feuerstein, Subbiah replied that while MDA has a policy of not publishing results early, NW was free to do so.
Then two weeks later, Cramer tasked Feuerstein to poke around and get a different answer. And Feuerstein did what his boss told him and called MD Anderson, and managed to manipulate some bastard into a "rebuke". That is very different from MD Anderson going out of it's way to publicize an admonishment. They did that later only when put on the defensive.
And there is no way that LP would release data now without a clear understanding of what MDA would do in response. But if she gets data showing that there is a strong indication of a response in non-injected tumors, then that would definitely be something I would want to know about.
And big pharma would get access to that info. And it would be legal. Due to that fact, for LP to not publicize it would be questionable legally. It would put us retail investors at a tremendous disadvantage.
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