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Re: Pyrrhonian post# 24994

Wednesday, 11/26/2014 11:09:55 AM

Wednesday, November 26, 2014 11:09:55 AM

Post# of 690561

Quote:
Argos Therapeutics, Inc.(Nasdaq:ARGS) ("Argos"), a biopharmaceutical company focused on the development and commercialization of fully personalized immunotherapies for the treatment of cancer and infectious diseases using its Arcelis ® technology platform, broke ground on a new 100,000 square foot biomanufacturing facility in the Research Triangle Park area in Durham, North Carolina. The facility may lead to more than 230 new jobs and will include advanced equipment for automated manufacturing of Arcelis-based products.

In other filings they are spending somewhere between $20mm-$30mm on the above.

If you examine the costs a manufacturing facility charges for producing tx for a trial they are far, far lower than what they charge for commercialization of the product. This should be obvious, but.. Anyway, here is PCT's breakdown:
Quote:
PHASE 3 CLINICAL TRIAL MANUFACTURING CONTRACT:

200 to 400 Units Produced:

$3,000,000 to $6,000,000

COMMERCIAL MANUFACTURING CONTRACT:

2,500 to 5,000 Units

$38M to $75M / Yr.



I had to look up the meaning of FUD seeing you use it frequently. FUD is Fear, uncertainty, and doubt. Is it I and others that you blame for the FUD? Or should the company take responsibility for this? I mean as a publicly traded company it would be quite easy to clear up, no? What would be the motto you follow CUD, Confidence, in the uncertainty and doubt?

First off your example above is precisely what I, and I'm sure others are looking for. The MAJOR difference is that Argo breaks out very clearly on their 10Q what expenses are incurred for what programs, very specific details on their relationship with Invetech (manufacturing partner), what exactly Invetech is responsible for, and what the exact manufacturing costs Invetech and Argo have agreed upon (15,000 per unit).

Our relationship is broken out as such; Cognate gets half cash and half stock for payment. We don't know what the payments are, or what the payments are for, except ramping up manufacturing???? YIPEE what a fantastic deal, who in their right mind would want more info than that, Cognate is saving us by taking half payment in stock and warrants.....even though we have no idea what that reflects. If you don't like it move on shorty! Ohh boy! LOL
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