Anavex Life Sciences Corp (AVXL)

[nidan7500]

or an autocrat who has to do things his way which implies he can’t work with others.

So that my comments are not misunderstood. I think I am not qualified to judge Dr.M.'s competence as the AVXL CEO. But, if I had to I have said he has performed brilliantly as the CEO.

My point/observation is based on many years of working directly with multiple German BP CEO's and their staffs. Any one who has spent time doing such work will tell you that German top management does not do help well. Not positive or negative, they do not do help. That is the style they have been trained in and they execute accordingly. No one near top management will seriously question/argue very long, they find a way to get along and are exceptionally loyal. On the other hand there will be strong respect shared for technical talent and knowledge. Credentials really matter.

The distinction is clear. Doing business interfacing with the FDA is a big challenge for and/most CEO's and staff. Americans have learned how to bend and make deals and stay cool when it is not going their way. The FDA has for the most part has taken a position that they must inspect and approve what is done before any device or pharma/bioscience will be approved by them for sale in US. This is changing/evolving a little in last 5 years or so but old ways die hard. (see MDSAP)

Dr.M. may/may not be more open than some to influence. This is not a criticism as much as it is my rationalization for why AVXL staff are so low key with some very important information. They are sitting on a gold mine of information. I think, he knows they have the goods and that he will let us all in on it when he thinks we are ready. If I were on his staff I would encourage him to find a way to get comfortable with the concept that "half a pie is a lot better than no pie"....prove the concept then the FDA system will find a way to work with him. The FDA needs wins as much as anyone.