@Biotech2k1
Absci Corporation (ABSI)
Aussie trial for male pattern hair loss with new mechanism of action
"I am always looking for ideas in biotech, fintech and tech. If you have a company you want me to take a look at, just let me know. I can't promise I will like it..."
@Biotech2k1 Interesting - hadn't heard that perspective - appreciate you taking the time - investing in $ITRM has given many lessons - the chairman of the board of directors (whose firm is a large share holder) resigned last friday - not sure how to interpret
@Likes2T Interesting comparison - maybe Innoviva will bid on Orlynvah.
Can shareholders get anything in liquidation?
How far down the capital structure are shareholders? There is a debt to Pfizer ($20m?), outstanding bills to Eversana and whoever manufactures Orlynvah for them.
@Assholetrading@Twills08@Likes2T Maybe $PFE buys it back - plugs it into their global salesforce - over the next decade is multibagger - doesn't move the needle much but could help cover their nice dividend payout
$ITRM baffling - ceo/cfo resigned - wind down hearing is April 13 - if a company like Pfizer made a low-ball offer over the weekend does the Board of Dirs have the authority to agree to a deal? Any Irish corporate law experts? What/who is blocking a deal?
@Twills08@Likes2T
3 Board members (Kelly, Hecht & Whalen) are deal makers with combined 85 years pharma experience - they are scouring rolodex for offers while the company is whistlin past the graveyard
Safe & effective drug being prescribed by docs
Fingers crossed a deal announced this week
$ITRM positive spin
If stock goes to $0 Board of Dirs knows they will be tied up for years in shareholder lawsuits without a company to pay legal fees - so they are motivated to get a deal done before bankruptcy
Ceo resigned so Board can run a firesale
Filing for bankruptcy was a Batman signal to potential acquirers and hustlin-investment-bankers
Might result in few tire-kickers and low-ballers
Delusional ceo wanted a billion dollar capstone deal to end to his career but Board will take a lot less
Doctors are already prescribing Orlynvah and patients are already taking it.
Iterum is a commercial stage company - the ceo/cfo just resigned after starting bankruptcy proceedings
This is a valuable asset with very compelling risk/reward
Suggest other ideas..
How to save $ITRM Iterum Tx and their FDA approved oral pill Orlynvah for uUTIs
Negotiate deal to market Orlynvah in country X where
X = Japan, Australia, Europe, UK ...
Should be able to raise $100m
Over couple years pill can easily do $1b revenue in each country
Bring these deals to the board chair David Kelly
Buy shares
Install your handpicked ceo/cfo
Right the ship
Multibagger buyout by year end
This is a safe, effective, FDA approved pill that doctors and patients want.
Just need to uncover / unlock the old ceo jackassery
@GSK@GSKUS Please buy $ITRM Iterum Tx
Your salesforce will be able to offer 2 pill options for uUTIs
Easy multibagger investment
Board Chair David Kelly will give you a good deal - incompetent ceo/cfo resigned so don't need to worry about them
@PAVmedinc
$ITRM IterumTx
Compelling risk/reward for hungry-scrapy-investor
FDA approved pill for uUTI
Incompetent ceo/cfo resigned and started bankruptcy
Take control, install commercial ceo, right ship, multibagger by year end
Good drug needs better mgmt
Tang Capital
$ITRM IterumTx
Compelling risk/reward for hungry-scrapy-investor
FDA approved pill for uUTI
Incompetent ceo/cfo resigned and started bankruptcy
Take control, install commercial ceo, right ship, multibagger by year end
Good drug needs better mgmt
#TangCapital
@Abingworthbio
$ITRM Iterum
Good risk/reward for hungry-scrapy-investment-bank
FDA approved pill for uUTI
Incompetent ceo/cfo resigned and started bankruptcy
Take control, install commercial ceo, right ship, multibagger by year end
Junior investment banker make ur mark