Another interesting twist as Peregrine moves forward. Normally, why would anyone think otherwise about a simple job transfer.... except when it is anyone that has to do with the advancement of Peregrine Pharmaceuticals. We will have to wait and see if PPHM pops up in the Janney shelf
it was easier to lure over Debjit Chattopadhyay and gain any advantage possible with info related to PPHM, especially when Piper Jaffray private clients get an early glimpse of what is hot in biotech
Managing Director Janney Montgomery Scott LLC November 2015 – Present (1 month)
Biotechnology Equity Research Senior Equity Research Analyst Roth Capital Partners April 2014 – November 2015 (1 year 8 months)Greater New York City Area
ROTH Capital Partners | Financing Innovation | Investment Banking, Orange County, CA
EndoTarget, even more interesting.... is now we find out "Roy Buchanan" of Piper Jaffray exits and lands where ?? The same place as Debjit Chattopadhyay ==> Janney !
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Mr. Buchanan covers the biotechnology space from the New York office. Prior to joining Janney, he was a senior associate for three years at Piper Jaffray, where he covered small-to-mid cap biotech companies. Prior to his role at Piper Jaffray, he covered the same space at JMP Securities for two years as an associate. Mr. Buchanan received his Ph.D. in biology from Columbia University in New York and his BS in chemical engineering from the Colorado School of Mines.
Why does Janney all of a sudden have interest in two additional healthcare analysts and both happen to cover Peregrine Pharmaceuticals ? Coincidence ....? I do not believe so and I'd even take it as far as Janney was targeting those close to Peregrine and maybe they figure they get some inside scoop of whats to come by picking up Roy and Debjit