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Re: Tib614 post# 72347

Friday, 04/08/2016 9:40:44 AM

Friday, April 08, 2016 9:40:44 AM

Post# of 80490

I invested in Ariad because Berger was the CEO
...
Slow and steady wins the race
...
Greed and haste never lead to any real success.


Whatever people may think of the value of "slow and steady" in biotech/equities/investing, I wonder how you square these sentiments with Berger's decisions to:

(1) push Iclusig at 45mg when even knowledgeable message board folks thought the dose was too aggressive,

(2) thumb his nose at the FDA, igniting a pissing contest that got Iclusig yanked from the market,

(3) push briga to a dose level that killed a patient in an ill-conceived effort to get a two-for with EGFR, or

(4) build a giant, two-continent sales force for a drug that had a last-line safety profile?

Maybe Berger gets "slow" in my book, but not in the same way....
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