Thursday, March 12, 2015 8:57:18 AM
This Citron article is totally bogus. The company's dialogue with the SEC had nothing to do with being "exposed" or trying to confuse the FDA and all to do with educating them to this new, complex technology; that is the reason that blood culture bottles were used in the initial filing, to facilitate the quickest path to approval.
Neither Novartis or BD was capable of taking on the engineering development: Novartis closed their infectious Disease division and BD acquired a highly automated culture process layout from Europe. They were never interested in abandoning the status quo of two to four day cycle times for culture results.
Consider the ownership, management and money behind this project; these guys are very heavy hitters, the real deal, not beginners or hustlers as the recent grossly misguided articles indicate.
Actually, the greater the short, the grater the advantage to longs in the end. So, thank you in advance, for your support.
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