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Opti Mist

05/26/17 5:27 PM

#2577 RE: Opti Mist #2576

Synergy Pharmaceuticals, Inc. (SGYP) After Hours Trading

$3.46
*  
0.03

0.86%


Read more: http://www.nasdaq.com/symbol/sgyp/after-hours#ixzz4iDrXQEpO
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nsomniyak

05/26/17 6:27 PM

#2578 RE: Opti Mist #2576

Hmm - what do you make of this? On the surface, having the Founder/CSO move on seems to clearly indicate that his skill set is not what is needed right now. That seems to clearly indicate that SGYP will stay a one drug company and not develop new drugs.

This gives credence to the theory that SGYP is already for sale.

Before anyone else jumps in, clearly you also don't need a CSO if the strategy was to be a one-drug company (Trulance) and go it alone in the market, but that is a difficult position to sustain. BP companies with more reps selling multiple products will always be able to outsell you. I think if the strategy was to go it alone long term on Trulance, part of that strategy could include reinvestment in new drugs and research.

I think we have another tell that SGYP is for sale and will be sold as soon as scripts demonstrate enough traction.