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Friday, April 11, 2014 7:40:24 AM
SK has said a lot of things that haven't come to fruition. His words have proved to be almost worthless. Here are some examples:
SK stated he would like to have a partner on board before meeting with FDA for phase III guidelines for Cotara. Result - no partner on board
SK stated he would like to have a partner before Phase III trials begin for Cotara. Result no partner to date
SK stated he would like to have a partner on board before BAVI meeting with FDA for PHase III design. Result - no partner on board
SK stated he would like to have a partner before phase III for Bavi and a partner eventually. Result - no partner to date
SK stated he hoped to have a commercial product by mid 2012. Result no product to date. Note tainted trial happened in Sept 2012 so he was already late.
SK state Yervoy trial would start by March 31, 2014. Result - delayed
SK stated we have a China subsidiary. Result - no mention to date
SK stated PPHM tends to flow with the ebb of the market. Here he is usually right when the market is down. However market still close to all time highs. PPHM still about 40% down from RS price.
Lets hope SK can start to gain some credibility back. Looks like we have gone through our big March Madness and early April news period. If we have to wait till ASCO for more news we will probably drift lower. All imo.
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