The Last Samurai Biotech

by DrKSSMDPhD | April 30, 2015 7:14 pm

This is premium content. To view this article (and to have full access to the rest of our articles), sign up. Already a member? Log in.

Source URL: https://www.stockgumshoe.com/2015/04/the-last-samurai-biotech/


1,435 responses to “The Last Samurai Biotech”

  1. alanh says:

    HN: read this today from an economist I follow and thought of you
    ” …..he touched on the progress he is making in challenging what he believes is out-of-control manipulation by the pharmaceutical industry in regards to patent protection. Did you know that it is actually illegal for Medicare to negotiate drug prices? I didn’t. Blame both Bush and Obama and a very powerful lobby. How do you get it written into law that the federal government has to pay whatever price you want? I guess by spending billions in lobbying fees. He mentioned that the US could save $300-$700 billion per year over 10 years if we paid the same prices Canada now pays for the very same drugs. Even more if we paid what Norway pays. Talk about a way to balance the budget!
    Watch out for any changes to that law…thats when the nightmare price drop will happen.

  2. forensicny says:

    MSKCC owning ATNM

    http://www.actiniumpharma.com/products/pipeline/actimab-a/
    http://www.actiniumpharma.com/products/pipeline/bismab-a/
    http://www.actiniumpharma.com/products/pipeline/preclinical/

    If you look at Actinium Pharmaceuticals web site, MSKCC is collaobrating with ATNM in preclinical trials, trials of Actimab-A and Bismab-A. If MSKCC owns ATNM, doesn’t that create a conflict of interest? In the past, has it happened that institutions who are “in bed” with pharma have “shaded” results?

    Larry

  3. SoGiAm says:

    Dr. Kss, last night the guys and me were discussing the pain plays here:
    http://www.stockgumshoe.com/2015/04/the-last-samurai-biotech/comment-page-11/#comment-4451116 Will you provide us your insights on the matter? Best-Best

  4. Anamorph says:

    ^ The inability of Medicare to negotiate for drug prices under Part D is well-known; there was a very public fight in Congress over that very provision when the bill was being debated in 2006.

    http://www.usatoday.com/story/opinion/2014/04/20/medicare-part-d-prescription-drug-prices-negotiate-editorials-debates/7943745/

    And…a ‘nightmare’??

    Whatever our individual pecuniary interest in the pharmaceutical sector*, I don’t see any reason for an American taxpayer to think it’s a good idea for Medicare, the largest buyer of many drugs, to pay list price for them, a multiple of what private insurance, the VA, or even Medicaid does. In what business transaction does a major buyer not bargain for a better price?

    Of course non-US-taxpayers may not have the same perspective…different oxes, different goring! ;- )

    And…apologies if this belongs in a differently-themed thread.

    *obv pharma ≠ biotech

  5. SoGiAm says:

    Knock – Knock – – – http://www.stockgumshoe.com/2015/05/cisco-chang-charlie/ WHO?
    See ya there! Bet2ALL! Benjamin

  6. bill897 says:

    I joined a trading app called Robinhood.com. I put $2000 in there. Had to wait 3 days for it to become active. Today I bought VBLT. You put your pin in, 4
    digits. It’s a just into the 3rd stage ovarian cancer. It’s a better drug then what’s out there. If you want to go all in, it will tell you how many share to buy. There’s no short selling on this app. I’m sitting at $2,361.20. It’s at $6.85. I bought it at a limit order of $5.80. The name of the stock is Vascular Biogenics Ltd. out of Israel. It was as high as $2500.00. The high is $12, but it’s forcasted to go to $16.00. I don’t know how long a third stage takes or if it could be pushed into orphan status which means they can market it. Do you know anything about this stock, whether I should ride it up come hell or high water. If I sell it tomorrow, I’ll have to wait 3 days before I can trade again. This Robinhood.com has market, limit, limit stop, and regular stop orders. It does not reinvest your dividends. The money is put in your account. There are no charges by the brokerage company. Whether they get you the best price, don’t know. Comments would be appreciated.