Savvy Trades and Investments

[wadegarret]

Hweb- GERN

Like to get your opinion on whether the FDA can be bought. I mean, I wonder how often the FDA comes out days before the all important Advisory Committee meeting, and ditches a stock. That's exactly what they did with Geron. Here is the scathing report the FDA had just two days before the ADCOM meeting on march 14(which ended up in favor or approval with a 12 to 2 vote)...

https://www.reuters.com/business/healthcare-pharmaceuticals/us-fda-staff-flags-concerns-about-gerons-anemia-treatment-2024-03-12/

My concern is, the FDA was somehow pressured by big pharma to come out with this scathing report. I mean how in the world could the ADCOM have such a strongly opposite opinion on GERNs drug Imetelstat than the FDA had ? Bottom line is, if in fact the FDA was swayed by big pharma to write the scathing report just two days before the ADCOM meeting, then why isn't it possible that the FDA will continue to be swayed by big pharma, and NOT give GERNs drug approval on June 16 ?