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But the Tmax was high on the original formulation. You don't want similar. You want better. It is clearly not what the results show.
Already done.
Just like "no one will stop us". Not a chance here either.
Dead wrong. This is a situation of last resort. Nasrat is only waiting for final confirmation that SequestOx is dead. This is why it is "paused".
ER ADT's & SunGen will need to be the saving grace, but SequestOx is no more.
His damage control is hiding under a rock during each cc by not having live dialogue. Amateur at best.
Why would FDA chief need to be reasonable if the results are so good? The results were crap. If the study shows Tmax is high under fed conditions, guess what? IT ISN'T BIOEQUIVALENT. Basic issue that will not be resolved.
NASDAQ - per your private note below, if they had faith in the other two options they would have planned for a Plan B with the FDA. This is just a continuation of the same ridiculous game, nothing more than false hope & hype.
"hey also have 2 other formulas that reduce fed Tmax.
It's not over till it's over.
How much of the $2.5 billion dollar market will a Elite steal
With the only generic ADF OxyContin?
Patients have been waiting patiently for a generic for many years.
The savings for patients and insurance co.s will be immense.
I'm heading to the beach for a Bon fire, talk more latter.
GLTY"
Just another way to string investors along. FDA doesn't even need to issue another CRL. Elite just hung themselves out to dry.
Wishful thinking at best
Funny. Elite's PR states the results were garbage. Why do you suggest otherwise?
ER is minuscule. Company won't be sold for $2-4 as some here say. That would have been on the high side with SequestOx, but extremely unlikely now. Now it is just junk with uncertainty.
Works with the exception of the Tmax. LOL If labeling could solve Tmax the FDA wouldn't have given it a CRL and would have given Elite an Adcom to discuss labeling. Clearly didn't happen.
Never going to hit the 0.20's again, then teens. Just fell below 0.10! This is reality. Market just baked in FACTS into the price instead of "hope".
Hope that Eugene brings value, hope that SequestOx was BE, hope that Elite would own the ADT IR space - is all now just pure fiction. It always has been.
SequestOx FAILED!!! SequestOx failed multiple times. It is no good. Inning is over. Move on.
Hope for that is a joke. It just got denied twice. This time for good.
The BE fed study was completed. Those are the failed results. The dosing study was paused since the results showed it wasn't worth continuing the program.
The answer is very clear that the science failed. Better tech for IR is coming along.
So is chemo along with Flinstone vitamins. It is all relative. Reality is being overlooked here.
Not at all. Aspirin kills your liver over time. Overdosing on SequestOx can lead to much dire consequences.
Not even a close comparison
That is plausible, but not probable. Wouldn't halt it over study design. More issues with the tech than has been divulged.
"Closer" was used if you read my comment
4.6 hours Tmax is getting closer to half-day release than Immediate Release.
This isn't manipulation. This is logistics of basic market action. Awful news = selling of investments = significant decline in stock price and value of company.
I am under water from those I bought at 0.11 years ago. Very painful indeed.
Completely agree. His cockiness has been severely tempered over the last year or so and especially more so during the last 6 months. He has much more data from the studies than what has been shared. I think there were some red flags early enough that should have adjusted the go forward strategy.
What I don't quite understand is the 3 options comment. What is it with SOx that would negate the remaining two? Those have already been thought through per the comment that this is shelved, but just rather surprising.
Is that the best way to burn through the $40M Lincoln deal?
Possible, but don't think so quite yet. But possible for sure.
And yet SequestOx was at 3.4 hours?!
I agree with you hear. I was surprised they didn't. EGLT recently did on their CRL. Lack of accountability and transparency.
Then again - he should have done so Friday. One hedge fund analyst recently mentioned, "when you have to eat crap, don't nibble."
They are also only 10% of the opiate market.
Well, the stock did get out of the teens...
Bad thing is no one would prescribe it. Too much risk. This is dead so it is not even worth discussing.
I cannot believe the garbage still being posted here. Unbelievable.
Who are you kidding? SequestOx is being stopped. Tech does not work for IR. The wording is jus a carrot, similar to these ongoing BE trials. Can't fix Tmax under fed conditions.
But that is hardshell, not usual tech. Perhaps they went hardshell route in case normal tech doesn't get approved.
I wonder if the reformulated is even worse off than original SequestOx?
Regardless if he gets fired. He has 20% locked in.
Interesting on the timing of his 20% dividend locked in for sure.
ER's & SunGen is my guess. Also his hope he doesn't get the boot.
Wonder if he is going to have live Q&A for Q1 call? :)