Replies to post #443928 on Anavex Life Sciences Corp (AVXL)

[powerwalker]

that represents many tens of millions of Dollars of R&D costs that will go down the drain.

Don't you mean "Billions", T?

[Hoskuld]

Life sciences as a cutthroat business. When I was a kid, my parents had a small medical devices company. My dad focused on making heart and lung machines and my mom focused on making disposable, sterile tubing packs for various surgeries (for example, in an open heart operation you need to connect the patients to multiple machines - heart and lung, blood oxygenator, etc. - and you just want to be able to rip open a package and smoothly connect everything perfectly.)

The company made great products - the best heart and lung machine and high quality tubing packs. But the competition was fierce. The things huge companies would do to cut the legs out from under my parents' company were extensive and underhanded - from sabotage to bribery. If I had not lived through the dirty tricks while they happened, I would not have believed that American companies could act so unethically and ruthlessly. If anyone ever extols the virtues of capitalism to me then I always wonder whether they mean the ideal level playing field where everyone plays by the rules and the best man wins, or whether their version of capitalism encompasses the dirty tricks and use of money to tilt the playing field that is pretty standard.

You can bet that all the powers-that-be will do what they can to foil Anavex. Two things are going for Anavex right now: 1) no one is really making much money from AD or Rett right now so the wall isn't too high and the incentive to crush Anavex is not massive yet, and 2) filing with EMA and other agencies makes it much harder to screw with Anavex in the USA.

[hnbadger1]

This is the reason, imo, that Dr Missling is trying to fly under the radar as much as possible.
Many people here complain about him not being transparent enough and shout every move from the rooftops.
I think there is a good reason for that. I am convinced that Missling knows what he is doing and has surrounded himself with very capable people.
Like you said, a lot of parties stand to loose a lot of money if this disruptive drug succeeds.
I believe that there is a lot more going on behind the scenes than people can even imagine.
Although Anavex is largely ignored by the investment community, there are a huge number of scientific papers written on the positives Sigma 1 and particularly Anavex’s molecules.
The entities that matter are paying attention. BP’s are well aware as well as government regulators from various countries, and I believe that Anavex is in talks with many of them. (Under the radar)
I am comfortable being patient and letting this play out, confident that they are making the right moves behind the scenes.
Yes, Missling seems to be painfully slow dotting the i’s and crossing the t’s but for good reason.
He has to get it right the first time.
Playing your cards close to the vest is correct strategy IMO!
WGT
Happy Holidays Everyone!

[meds4life]

There MAY WELL be some "we know where your kids go to school" threats leveled at our CEO/Board members/employees...as "business insurance"

Re "cut throat"