|
|
Post by nylefty on Jan 14, 2016 20:08:03 GMT -5
The conspiracy theory? Not true. I have to agree. I can't speak for the drug and needle manufacturers- I'm sure they might be unethical, but I can say for certain that physicians do not view medicine in that way. Physicians will always have a job. There will always be some health crisis that needs an educated opinion and guidance. I'm sure you're well aware that the number of diabetics are growing. Prescribing Afrezza will not put any endos out of business. While there are certainly a few bad apples who are only in it for the money, I can tell you the vast majority will do whatever is in the best interest of their patient. We take an oath for crying out loud  "We?" I believe you've said you're a pre-med student. Long way from taking the oath. |
|
|
|
Post by stevil on Jan 14, 2016 20:10:30 GMT -5
stevil , I disagree, I believe if Sanofi would have given the PWD the opportunity to choose, by advertising just 1 TV commercial so more PWD knew about afrezza, the script numbers would have looked quite a bit different. I also find it completely unprofessional and unexceptable that the very day Sanofi notified MNKD they were ending the partnership, Sanofi Canada flat out lied to a PWD that asked them when afrezza would be available in Canada, (see my thread Sanofi Canada) to view the tweet. Also, keep in mind that I was one that defended the slow launch by Sanofi, and also defended the decision not to advertise via TV until after Healthcare Providers and patients were educated, (boy do I feel stupid !!) I hope sanofis shareprice continues to fall and PWD boycott the company. I wouldn't piss in their ears if their brains were on fire. Just my opinion of Sanofi, I enjoy reading your professional input. Boycott Sanofi Thanks Rick (I think your last sentence was genuine), I'm not a fan of SNY but I don't share the angst many on here have of them. I think they could have handled the process much better and probably should have communicated much better with MNKD. From all we know, maybe they did. Matt gave off the impression that it wasn't a huge shock when SNY cancelled the agreement. If SNY pays for the divorce and gives MNKD a decent chunk of cash, there really isn't much we can complain about in my opinion. We can say that SNY didn't do all they could to market Afrezza. I would agree with that. But it was their prerogative to decide whether they wanted to go forward with it. And as I said earlier, I believe that they figured the juice wasn't worth the squeeze. I don't know how much commercials cost to air, but I have a friend who works in the film production industry and he told me that even cheap commercials cost about $50k to produce from a filming/editing standpoint. Who knows what other costs go into it with the marketing team, the materials, air time on the station etc. You can't really fault them for not wanting to dump more money into Afrezza if they didn't think it would return to them what they wanted. Plus, it didn't fit their business model and vision. It just never made sense to me that SNY would swoop up MNKD to sandbag them when MNKD was never going to take Afrezza all the way on their own anyway. All SNY did was waste their own time and money if they were going to put us right back in the same spot they found us a year earlier. It didn't really hurt MNKD at all except for the tainted reputation we now have and the potential of signing with a better partner. But I believe SNY had genuine interest when the deal was inked. As anyone here who has been following the stories know, the main characters changed, so the plot changed. I don't really see anything evil or malicious about the way SNY conducted their business. They terminated basically at the earliest time that they could. If they'd wanted to, they could have dragged us into bankruptcy. |
|
|
|
Post by stevil on Jan 14, 2016 20:20:52 GMT -5
I have to agree. I can't speak for the drug and needle manufacturers- I'm sure they might be unethical, but I can say for certain that physicians do not view medicine in that way. Physicians will always have a job. There will always be some health crisis that needs an educated opinion and guidance. I'm sure you're well aware that the number of diabetics are growing. Prescribing Afrezza will not put any endos out of business. While there are certainly a few bad apples who are only in it for the money, I can tell you the vast majority will do whatever is in the best interest of their patient. We take an oath for crying out loud "We?" I believe you've said you're a pre-med student. Long way from taking the oath. The school that I'm going to had a 98% board pass percentage last year. I don't know the % of students that drop out/fail/take the 5 year plan, but it's higher than those who do not pass the boards. Seeing that I am doing very well in my first year, it's merely a formality (and a lot of blood,sweat, and tears) at this point that I will be saying the oath with my classmates in a few years. The physicians that teach me look at me in the eye as one of their colleagues. While I obviously am not allowed to practice yet, that's good enough for me to feel like I can start saying "we". While I'm sure my professional opinion will change over time as I grow and mature, this is one instance in which I feel qualified to include myself in such a way. In other words, 3 more years of schooling and 4 years of residency will not change that opinion. |
|
|
|
Post by goyocafe on Jan 14, 2016 20:23:21 GMT -5
stevil , I disagree, I believe if Sanofi would have given the PWD the opportunity to choose, by advertising just 1 TV commercial so more PWD knew about afrezza, the script numbers would have looked quite a bit different. I also find it completely unprofessional and unexceptable that the very day Sanofi notified MNKD they were ending the partnership, Sanofi Canada flat out lied to a PWD that asked them when afrezza would be available in Canada, (see my thread Sanofi Canada) to view the tweet. Also, keep in mind that I was one that defended the slow launch by Sanofi, and also defended the decision not to advertise via TV until after Healthcare Providers and patients were educated, (boy do I feel stupid !!) I hope sanofis shareprice continues to fall and PWD boycott the company. I wouldn't piss in their ears if their brains were on fire. Just my opinion of Sanofi, I enjoy reading your professional input. Boycott Sanofi Thanks Rick (I think your last sentence was genuine), I'm not a fan of SNY but I don't share the angst many on here have of them. I think they could have handled the process much better and probably should have communicated much better with MNKD. From all we know, maybe they did. Matt gave off the impression that it wasn't a huge shock when SNY cancelled the agreement. If SNY pays for the divorce and gives MNKD a decent chunk of cash, there really isn't much we can complain about in my opinion. We can say that SNY didn't do all they could to market Afrezza. I would agree with that. But it was their prerogative to decide whether they wanted to go forward with it. And as I said earlier, I believe that they figured the juice wasn't worth the squeeze. I don't know how much commercials cost to air, but I have a friend who works in the film production industry and he told me that even cheap commercials cost about $50k to produce from a filming/editing standpoint. Who knows what other costs go into it with the marketing team, the materials, air time on the station etc. You can't really fault them for not wanting to dump more money into Afrezza if they didn't think it would return to them what they wanted. Plus, it didn't fit their business model and vision. It just never made sense to me that SNY would swoop up MNKD to sandbag them when MNKD was never going to take Afrezza all the way on their own anyway. All SNY did was waste their own time and money if they were going to put us right back in the same spot they found us a year earlier. It didn't really hurt MNKD at all except for the tainted reputation we now and the potential of signing with a better partner. But I believe SNY had genuine interest when the deal was inked. As anyone here who has been following the stories know, the main characters changed the plot. I don't really see anything evil or malicious about the way SNY conducted their business. They terminated basically at the earliest time that they could. If they'd wanted to, they could have dragged us into bankruptcy. Veibacher out, Brandicourt in, common denominator? The BOD. So they fired the first and hired the second, even if he was an inhaled insulin advocate, on the basis that he tow the company line. JMHO. |
|
|
|
Post by stevil on Jan 14, 2016 20:30:51 GMT -5
You're probably right. I'm not disagreeing with that. Again, I'm not saying that I like SNY. I just don't think that we can call what they did "sandbagging". They merely did the bare minimum until they were allowed to let us go. Who knows if Matt/Al would have even wanted to tell the shareholders what was going on. You think that would have improved the situation any more? We already had a bullseye on our back for the shorts. What we're seeing now would have still happened, only much sooner. What's also lost on people is that MNKD could have backed out whenever they wanted to. They clearly decided it was in their best interest to take the deal to term as well. It was truly just an unfortunate turn of events for MNKD shareholders and nothing more. |
|
|
|
Post by rockstarrick on Jan 14, 2016 20:40:29 GMT -5
stevil , I disagree, I believe if Sanofi would have given the PWD the opportunity to choose, by advertising just 1 TV commercial so more PWD knew about afrezza, the script numbers would have looked quite a bit different. I also find it completely unprofessional and unexceptable that the very day Sanofi notified MNKD they were ending the partnership, Sanofi Canada flat out lied to a PWD that asked them when afrezza would be available in Canada, (see my thread Sanofi Canada) to view the tweet. Also, keep in mind that I was one that defended the slow launch by Sanofi, and also defended the decision not to advertise via TV until after Healthcare Providers and patients were educated, (boy do I feel stupid !!) I hope sanofis shareprice continues to fall and PWD boycott the company. I wouldn't piss in their ears if their brains were on fire. Just my opinion of Sanofi, I enjoy reading your professional input. Boycott Sanofi Thanks Rick (I think your last sentence was genuine), I'm not a fan of SNY but I don't share the angst many on here have of them. I think they could have handled the process much better and probably should have communicated much better with MNKD. From all we know, maybe they did. Matt gave off the impression that it wasn't a huge shock when SNY cancelled the agreement. If SNY pays for the divorce and gives MNKD a decent chunk of cash, there really isn't much we can complain about in my opinion. We can say that SNY didn't do all they could to market Afrezza. I would agree with that. But it was their prerogative to decide whether they wanted to go forward with it. And as I said earlier, I believe that they figured the juice wasn't worth the squeeze. I don't know how much commercials cost to air, but I have a friend who works in the film production industry and he told me that even cheap commercials cost about $50k to produce from a filming/editing standpoint. Who knows what other costs go into it with the marketing team, the materials, air time on the station etc. You can't really fault them for not wanting to dump more money into Afrezza if they didn't think it would return to them what they wanted. Plus, it didn't fit their business model and vision. It just never made sense to me that SNY would swoop up MNKD to sandbag them when MNKD was never going to take Afrezza all the way on their own anyway. All SNY did was waste their own time and money if they were going to put us right back in the same spot they found us a year earlier. It didn't really hurt MNKD at all except for the tainted reputation we now and the potential of signing with a better partner. But I believe SNY had genuine interest when the deal was inked. As anyone here who has been following the stories know, the main characters changed the plot. I don't really see anything evil or malicious about the way SNY conducted their business. They terminated basically at the earliest time that they could. If they'd wanted to, they could have dragged us into bankruptcy. I can see your point, and it probably wouldn't bother me quite as much if I wasn't one who constantly stood behind Sanofi and basically defended them to the last day. That and considering the other two companies suing them for sandbagging the launch of their drugs to avoid paying sales milestones, and the tweet to a PWD from Canada the same day they notified MNKD the deal was off just leaves a real bad taste in my mouth. I have already Sanofi proofed my home, I'll never spend another penny on anything Sanofi unless it's to short the companies stock. I do respect your opinion and feel you offer a well balanced value to this board. Hopefully I can learn to do the same from now on, my high regards for Sanofi made me look like a fool. I will definetly learn from this and try to keep both sides of my brain turned on when I post. Good Luck Stevil |
|
|
|
Post by stevil on Jan 14, 2016 20:56:06 GMT -5
I can see your point, and it probably wouldn't bother me quite as much if I wasn't one who constantly stood behind Sanofi and basically defended them to the last day. That and considering the other two companies suing them for sandbagging the launch of their drugs to avoid paying sales milestones, and the tweet to a PWD from Canada the same day they notified MNKD the deal was off just leaves a real bad taste in my mouth. I have already Sanofi proofed my home, I'll never spend another penny on anything Sanofi unless it's to short the companies stock. I do respect your opinion and feel you offer a well balanced value to this board. Hopefully I can learn to do the same from now on, my high regards for Sanofi made me look like a fool. I will definetly learn from this and try to keep both sides of my brain turned on when I post. Good Luck Stevil Thanks for your kind words. I'd like to include myself as one of the MNKD family of shareholders. I'm not perfect. I'm down about 85% at the moment. I'm perplexed by some of the nasty posters on here that can't come to terms with reality and chase every unsubstantiated fantasy that gets randomly conjured by unknown individuals. I still can't get it out of my mind how people went and bought more shares on the anonymous $15 buy out with a 2:1 stock swap or whatever the rumor was. People dive in head first whenever they're told what they want to hear, regardless of whether it makes sense or not. Then they jump on people who may overdo it in the other direction, but only because I believe a good investor is a wise investor. People keep pointing to Warren Buffett and his investing prowess, but they either never read his story or are purposefully ignoring his MO. Warren Buffett would probably never have invested in a speculative biotech company. His whole premise was to "never lose money". He only invested in companies that were established and proven money makers with healthy fundamentals. MNKD had none of those. Still doesn't. So the only reason I try to stop people from dumping more of their hard-earned money into this stock is because it's still just a crapshoot at this point with the odds heavily against us. Anyway, I'm starting to rant. Thanks again for your compliments. I'll try to keep a balanced approach and share for all who care to read. |
|
|
|
Post by greg on Jan 14, 2016 21:04:43 GMT -5
OMG....
I didn't know Stevil's background before so had stayed out of the fray. But, just reading his last few comments, I'm stunned at how much deference he's received. He plays doctor and he may end up being a good one, but he clearly doesn't have the experience, knowledge, or maturity to be taken too seriously.
Seriously, look at the following comments, in quotations:
1. "While there are certainly a few bad apples who are only in it for the money, I can tell you the vast majority will do whatever is in the best interest of their patient. We take an oath for crying out loud."
2. "If SNY pays for the divorce and gives MNKD a decent chunk of cash, there really isn't much we can complain about in my opinion."
3. "And as I said earlier, I believe that they figured the juice wasn't worth the squeeze. I don't know how much commercials cost to air, but I have a friend who works in the film production industry and he told me that even cheap commercials cost about $50k to produce from a filming/editing standpoint."
4. "All SNY did was waste their own time and money if they were going to put us right back in the same spot they found us a year earlier."
5. "It didn't really hurt MNKD at all except for the tainted reputation we now have and the potential of signing with a better partner."
6. "Seeing that I am doing very well in my first year, it's merely a formality (and a lot of blood,sweat, and tears) at this point that I will be saying the oath with my classmates in a few years."
7. "The physicians that teach me look at me in the eye as one of their colleagues."
8. "While I obviously am not allowed to practice yet, that's good enough for me to feel like I can start saying "we"."
Hey Stevil, or should I say little Stevie,
I don't mean to be mean, but give me a f'n break. "we take an oath for crying out loud." You're a freakin first year student and probably still wearing diapers if any, let alone all of the above comments were made seriously.
The teaching physicians don't see you as a colleague, please be serious. And please don't put the profession on such a tall pedestal, populated by a bunch of humanitarians. Like every other profession, some are good, and plenty are bad. Some have good motivations, others don't.
I really can't get over how simplistically and naively you look at the situation. And I give the other members credit for having been as courteous as they have been with you. I'm sorry but I don't have that kind of patience or temperament. Grow up and listen more than you speak.
|
|
|
|
Post by stevil on Jan 14, 2016 21:19:15 GMT -5
OMG.... I didn't know Stevil's background before so had stayed out of the fray. But, just reading his last few comments, I'm stunned at how much deference he's received. He plays doctor and he may end up being a good one, but he clearly doesn't have the experience, knowledge, or maturity to be taken too seriously. Seriously, look at the following comments, in quotations: 1. "While there are certainly a few bad apples who are only in it for the money, I can tell you the vast majority will do whatever is in the best interest of their patient. We take an oath for crying out loud." 2. "If SNY pays for the divorce and gives MNKD a decent chunk of cash, there really isn't much we can complain about in my opinion." 3. "And as I said earlier, I believe that they figured the juice wasn't worth the squeeze. I don't know how much commercials cost to air, but I have a friend who works in the film production industry and he told me that even cheap commercials cost about $50k to produce from a filming/editing standpoint." 4. "All SNY did was waste their own time and money if they were going to put us right back in the same spot they found us a year earlier." 5. "It didn't really hurt MNKD at all except for the tainted reputation we now have and the potential of signing with a better partner." 6. "Seeing that I am doing very well in my first year, it's merely a formality (and a lot of blood,sweat, and tears) at this point that I will be saying the oath with my classmates in a few years." 7. "The physicians that teach me look at me in the eye as one of their colleagues." 8. "While I obviously am not allowed to practice yet, that's good enough for me to feel like I can start saying "we"." Hey Stevil, or should I say little Stevie, I don't mean to be mean, but give me a f'n break. "we take an oath for crying out loud." You're a freakin first year student and probably still wearing diapers if any, let alone all of the above comments were made seriously. The teaching physicians don't see you as a colleague, please be serious. And please don't put the profession on such a tall pedestal, populated by a bunch of humanitarians. Like every other profession, some are good, and plenty are bad. Some have good motivations, others don't. I really can't get over how simplistically and naively you look at the situation. And I give the other members credit for having been as courteous as they have been with you. I'm sorry but I don't have that kind of patience or temperament. Grow up and listen more than you speak. I would like to be taken seriously, so I will stick up for myself. Never have I claimed any credentials that weren't duly earned. I'll share a little more about my background with you. I'm not saying it gives me a platform. I'd like to think that every opinion shared on this board is weighed with great care and consideration. But I'll give you my background so you know what angle I see things from. Then you can decide for yourself if what I say has any merit. I was a pharmacy technician for 7 years during my undergrad years as well as the last 3 years that I worked in hospital revenue and billing. I wasn't sure I wanted to go into medicine because Obamacare has drastically changed the landscape (let's not make this political. Just stating a fact) and I wanted to make sure that the sacrifice that I was about to make would be worthwhile. If you couldn't tell, I'm a generally pretty careful person. Sometimes I overanalyze. but I considered my future family before I decided to apply. I realized I wasn't getting any younger and the itch wasn't going away, so I decided to apply last year. I am currently a first year medical student. I'd like to believe that the "deference" that you're seeing has been the product of (mostly) respectful interactions and supported argument. But let's not turn this into a pissing match. I fear a lock is coming soon as this thread is getting thrown off track. It's truly amazing. If you just sit still and watch the ripples of this board, see who makes the biggest waves, who is most often wrong, who screams/complains the loudest, you'd find that it's all the same group of people. While I wouldn't expect the "soft bashers" to be given warm welcome, I can count on one hand how many truly weigh this board down. I don't have enough digits to say the same for "the other side". Moment of Zen. edit: greg, I'm simply trying to respectfully acknowledge you. I may have to disengage you in further discussion, but if you had any idea the sacrifice it takes to even make it through the first half of the first year of medical school (I have next year still to look forward to), then, and only then could you have the right to say what you just did. I did not elevate the profession at all. I simply defended it from people like you who have not rubbed shoulders with physicians their whole lives. My entire family is entrenched in medicine. You better believe that physicians are amazing humanitarians. There is far more money to be made elsewhere with half of the effort. The only thing that keeps me going right now is knowing that the end will justify the means. It's a daily process, reminding myself why I'm doing what I'm doing and who I'm doing it for. There's no way that I love myself enough to do this for myself. It's truly not worth it. Not right now... So please, think before you speak. Your insides are starting to show... |
|
|
|
Post by greg on Jan 14, 2016 21:29:43 GMT -5
Stevil,
It's not complicated, and I don't need to know your life history. If you want to be taken seriously, accept the fact that you're a first year student, and don't intimate that you're anything more. If you want to be taken seriously, know the fact that MNKD shareholders have lost approximately $3.5 billion since the company signed up with Sanofi and don't suggest that nothing's been lost if sny ponies up a few bucks. If you want to be taken seriously, know that sny generates revenues of more than $40 billion a year, so $50k or $60k for ads means next to zero. If you want to be taken seriously, know that there are a lot of doctors who only care about money and spend most of their time jamming as many patients into their schedule and very little getting to educate themselves.
Anyway, good luck.
|
|
|
|
Post by greg on Jan 14, 2016 21:50:16 GMT -5
oh please stevie,
my father was a doctor, my brother is a doctor, my closest friend is a doctor, almost every person i spend a significant amount of time with is a doctor. i've followed the healthcare sector for decades. i know of what i speak. so please, stop. you have zero credibility, i don't care if you're long, short, or medium.
|
|
|
|
Post by stevil on Jan 14, 2016 21:54:23 GMT -5
Stevil, It's not complicated, and I don't need to know your life history. If you want to be taken seriously, accept the fact that you're a first year student, and don't intimate that you're anything more. If you want to be taken seriously, know the fact that MNKD shareholders have lost approximately $3.5 billion since the company signed up with Sanofi and don't suggest that nothing's been lost if sny ponies up a few bucks. If you want to be taken seriously, know that sny generates revenues of more than $40 billion a year, so $50k or $60k for ads means next to zero. If you want to be taken seriously, know that there are a lot of doctors who only care about money and spend most of their time jamming as many patients into their schedule and very little getting to educate themselves. Anyway, good luck. I did accept the fact that I'm a first year student? When did I not? When have I ever claimed supreme knowledge on anything I've stated? Only the Almighty can claim such a thing. I only share what I see and I was the one trying to cool the board down all the way back to the summer. So yes, I'd say that my opinion should probably be weighed because I've been right about the direction of MNKD stock since the summer. That's the purpose of a message board. To share thoughts and ideas. You somehow don't understand that concept and ruin everyone else's experience with your incessant whining that you can't block everyone's posts but yours and your unabated bullyism. A simple response to your argument would be to acknowledge that MNKD shareholders have lost $1.5 billion (but I'll not stoop with that alley-oop) since the SNY deal. However, where would we be without the deal? Likely in the same place. As others said on here, it was actually partially in our favor that SNY partnered with us for a year, save the tainted reputation (my argument). We essentially got a full year for half the price. While we didn't go very far, like I stated in my original argument, we weren't ever really going to get very far on our own anyway. SNY hasn't kept us from signing any TS deals, or are you going to contend that next? Remind me how many of those we have? Anyone who has done DD on this company knows that TS, not Afrezza, is the future of this company. If you want to complain about the SP, you should not point the finger at SNY. MNKD was compliant the whole time. And I only spoke to what I knew. A very cheap commercial (about the quality of a local supermarket commercial) costs about $50k to produce. I have no idea how much air time costs. And really, it's silly to argue about. The numbers aren't important. My point was that even one more dollar was more than what SNY wanted to spend on Afrezza. And there's nothing wrong with that. They were bound by contract from a deal made by a terminated CEO. SNY made up their mind about the direction of their company and that included leaving Afrezza in its trails. I'm not going to pretend that I'm a business major so I'll empty your gun before you can shoot it, but surely it's not hard to understand that's how business works. SNY didn't want Afrezza. Why would they continue to dump more money into it? That's not sandbagging. It's just a difference in visions and it's unfortunate that we got the shaft from it. |
|
|
|
Post by stevil on Jan 14, 2016 21:57:29 GMT -5
oh please stevie, my father was a doctor, my brother is a doctor, my closest friend is a doctor, almost every person i spend a significant amount of time with is a doctor. i've followed the healthcare sector for decades. i know of what i speak. so please, stop. you have zero credibility, i don't care if you're long, short, or medium. Tell me how many of those people that you just mentioned are unethical and would fit in the "conspiracy theory" of others on this board. Your closest friend isn't someone with high character and good will? The people you spend most of your time with aren't "good people" and those whom you would like to associate with? I guess you need to find better company.../sarcasm. You don't even know what you're arguing... |
|
|
|
Post by greg on Jan 14, 2016 22:02:06 GMT -5
oh please stevie, my father was a doctor, my brother is a doctor, my closest friend is a doctor, almost every person i spend a significant amount of time with is a doctor. i've followed the healthcare sector for decades. i know of what i speak. so please, stop. you have zero credibility, i don't care if you're long, short, or medium. Tell me how many of those people that you just mentioned are unethical and would fit in the "conspiracy theory" of others on this board. Your closest friend isn't someone with high character and good will? The people you spend most of your time with aren't "good people" and those whom you would like to associate with? I guess you need to find better company.../sarcasm. You don't even know what you're arguing... hey little stevie, listen more, speak less, and grow up. |
|
|
|
Post by seanismorris on Jan 14, 2016 22:17:04 GMT -5
Lock this thread please.
This conflict between to members doesn't contribute to the discussion.
|
|
