Replies to post #117230 on Biotech Values

[DewDiligence]

I always assumed Vanda sent someone at the fda a suitcase with cash to get their drug approved. all it needed was some insider trading as an incentive.

If bag money bought the approval of VNDA’s Fanapt, that would be a bigger story than the insider trading by a factor of at least 100.

[biomaven0]

He gained more than $1 million trading stock of Vanda Pharmaceuticals Inc. (VNDA) a Rockville, Maryland, firm that rose more than 600 percent

If he'd been really smart he would have played TTP instead. That was my best one-day gain ever, by a large margin. (Wasn't genius at all on my part; much more like dumb luck).

Peter