Ariad Pharmaceuticals Inc fka ARIA

[grandma_of_jbraika]

Dr. Berger is a strong-willed CEO. Where there's a will, there's a way. He will turn things around again as he did in 1999. The poison pill measure is his first step.

"... Worst of all Berger was engaged in a fight with the FDA over the agency's ...", said AF.

His fight with the FDA and the poison pill indicate Ariad CEO's confidence on the company.

“History tells us the only way to build a successful sustainable business in biotech is to believe in your products ...,” explains Ariad's CEO Harvey Berger.
http://www.pmlive.com/pharma_thought_leadership/interview_harvey_berger_and_timothy_clackson,_ariad_509032

His confidence appears to have support of the clinical trial doctors:

"ARIA appears to have the support of its clinicians regarding the drug's safety," said Summer Street.

"“We upgrade ARIA from a Hold to a Buy with a price target of $7 based on the overwhelming support that docs at ASH showed ... ", Stifel Nicolaus’ analyst commented.