IntelGenx Technologies Corp (IGXT)

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His incompetence on the raw material supply for the initial NDA filing is water under the bridge (although it was a mistake that even the most junior person should not make).

If they would just announce a marketing partner this could become something in the rear view mirror rather quickly. Unfortunately I was told by IGXT PR that they are waiting until they have the approval before signing any marketing agreements - reason, they thought they could negotiate a better deal.

That strategy shows just how completely clueless this man is about the business side. Not only is it ridiculous from the standpoint of if it doesn't get approved, there is nothing to sell anyhow. More importantly if you're the marketing company it's going to take a good 6-9 months to design and gear up your marketing program before you go to market. So the timeline would be approval late 2015, and actual launch not until late 2016. Which is a full two years later than it should have launched if they had competent management.

Let's also not forget that they still haven't found an international partner for Forfivo yet. We at three years and counting on that one. The paid pump piece this morning on DJ was a low - even for Zerbe. Absolutely pathetic.