Conflict Diamonds

by DrKSSMDPhD | June 20, 2016 5:44 am

The Gemphire IPO

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Source URL: https://www.stockgumshoe.com/2016/06/conflict-diamonds/


1,597 responses to “Conflict Diamonds”

  1. hendrixnuzzles says:

    RE: Califf and emerging direction of the FDA

    I am not pre-judging the future success or failure of Califf’s FDA administration, but have some comments that may be relevant.

    My working life was mostly in the retail business, obviously a completely different and much less technical field than medicine or law or government. But from that experience I can say that the skills needed to run a large organization effectively are quite unique, and often quite different from the skills needed by individuals who are lower in the ranks, or who are from related industries.

    The skills be completely lacking in what would appear otherwise to be a perfectly qualified individual,
    aside from any philosophical or strategic inclinations.

    For example, in a large retail organization, successfully performing individuals at lower levels often simply cannot perform effectively at higher levels. Not all assistant buyers make successful buyers; not all successful buyers can run divisions; not all vice presidents will be effective presidents. And there is often no way to be sure which ones will do well, and which ones will not.

    I would think being in charge of an organization like the FDA has requirements an skills for which it may be nearly impossible to prepare. Being qualified medically or scientifically may be a necessary requirement, but that is not the same as providing effective leadership and direction to a large and complicated enterprise.

    I am certainly not qualified to pass judgement on the job performance of Califf or anyone else in a similar position of responsibility; I only point out that there are no guarantees of how he will
    perform in his responsibilities. Time will tell.

  2. hendrixnuzzles says:

    $ZFGN…tougher FDA…if the FDA proves to be more difficult than in the past, it will deflate the price of risk premiums that the market is willing to pay for these clinical companies. We have already witnessed
    the impact of less risk appetite in the recent bear correction, and extreme punishment on pricing for mistakes. These have been from rather frothy price levels, and most of us have the scars and black-and-blue marks as souvenirs.

    I would surmise that the prices before success will be at generally lower levels and multiples than we have seen. So if our picks are good, we will get them relatively cheaper than before.

  3. hendrixnuzzles says:

    $KSS…Doc, great to see you back, and thanks for $RLYP.
    Without you I surely would never have heard of it, let alone had the courage to buy stock in it.

  4. investor101 says:

    SoGiAm, Ben…I just read the interview on Speaking that you referred to and was very impressed. Is this you? Do you have the blog MedicalFuturist? How is your Mom doing? I am still praying every morning for Elsie, and Sharon’s Mom and brother Bobby. A good weekend to all. Most sincerely, Karen

  5. wildbill24 says:

    TRIL (I own some) anyone figure out article about Anti cancer drug repurposed to prevent muscle wasting? What is the drug? where can you find info on it?
    Thanks!
    Wild Bill
    Researchers Discover Gene that Controls Regeneration of Injured Muscle by Adult Stem CellsFont size: A | A | A
    12:00 PM ET 7/21/16 | PR Newswire
    A key gene enables the repair of injured muscle throughout life. This is the finding of a study in mice led by researchers at NYU Langone Medical Center and the University of Colorado at Boulder, and published online July 21 in Cell Reports.

    http://photos.prnewswire.com/prnvar/20150715/237434LOGO

    The study results further suggest that this “overlooked” gene may play an important role in sarcopenia, the loss of muscle tissues with age.

    Specifically, the research team found that levels of a single protein known as AUF1 determine whether pools of stem cells retain the ability to regenerate muscle after injury and as mice age. Changes in the action of AUF1 have also been linked by past studies to human muscle diseases.

    More than 30 genetic diseases, collectively known as myopathies, feature defects in this regeneration process and cause muscles to weaken or waste away. Clinical presentation and age of diagnosis vary; Duchenne muscular dystrophy develops in infants, limb girdle muscular dystrophy weakens the torso and limb muscles beginning in young adulthood, and sarcopenia occurs in older patients.

    “This work places the origin of certain muscle diseases squarely within muscle stem cells, and shows that AUF1 is a vital controller of adult muscle stem cell fate,” says Robert Schneider, PhD, the Albert B. Sabin Professor of Microbiology and Molecular Pathogenesis, and associate dean for the Office of Therapeutics Alliances at NYU Langone.

    “The stem cell supply is remarkably depleted when the AUF1 signal is defective, leaving muscles to deteriorate a little more each time repair fails after an injury,” says Schneider.

    Tagged for Destruction

    The study results revolve around one part of gene expression, in which the instructions encoded in DNA chains for the building of proteins are carried by intermediates known as messenger RNAs (mRNAs). Proteins comprise the body’s structures, enzymes and signals. The expression of certain genes that need to be turned on and off quickly is controlled in part by the targeted destruction of their mRNA intermediates, a job assigned to proteins like AUF1.

    The investigators found that among the functions controlled by mRNA stability is the fate of stem cells, which descend from the human embryo, and then multiply and specialize in the womb until they become our bones, skin, muscles, and other tissue types. Some tissues maintain specialized pools of stem cells into adulthood, ready to mature into replacement cells and regenerate damaged tissues as needed.

    Following skeletal muscle injury, muscle stem cells receive a signal to multiply and repair damaged tissue, a process that the researchers found is controlled by AUF1. Among the mRNA targets of AUF1 in muscle stem cells, they discovered one that encodes a “master regulator” of adult muscle regeneration, a protein known as MMP9. This enzyme breaks down other proteins, ultimately controlling their expression levels.

    The current study found that mice engineered to lack the AUF1 gene showed increased MMP9 activity and reduced stem-cell-driven repair. This “self-sabotages” the stem cell pools that normally repair muscle and destroys the niche in which their muscle stem cells reside as they await activation. Together, this results in a dramatic and continuous breakdown of skeletal muscle.

    The investigators showed that they could restore normal muscle stem cell function and related muscle regeneration in mice lacking AUF1 by repurposing a drug developed for cancer treatment that blocks MMP9 activity.

    “This provides a potential path to clinical treatments that accelerate muscle regeneration following traumatic injury, or in patients with certain types of adult onset muscular dystrophy,” says Schneider. “We may be able to treat a variety of degenerative diseases by enhancing resident tissue stem cells through targeting MMP9 and its pathways, even those with normal AUF1.”

    “It was once thought that AUF1 did no more than tag mRNAs that were not needed so they could be disposed of, a utilitarian protein of little interest,” says first author Devon Chenette, a graduate student who pioneered the work in Schneider’s lab. “To the contrary, our results suggest that AUF1 has evolved to be a key regulator of stem cell fate and the related regenerative ability of adult tissues.”

    Along with Schneider and Chenette, Lauren Larkin in the Department of Microbiology at New York University School of Medicine was a study author, along with Jinhua Wang in the Center for Health Informatics and Bioinformatics. Also making key contributions were Adam Cadwallader, Tiffany Antwine, and co-corresponding author Bradley Olwin in the Department of Molecular, Cellular and Developmental Biology at the University of Colorado at Boulder. The work was supported by NIH grants GM085693, R24OD018339, T32 13-A0-S1-090476, and AR049446, as well as by a grant from the Ellison Medical Foundation.

    CONTACT: Gregory Williams, 1-212-4043533, gregory.williams@nyumc.org

    Logo – http://photos.prnewswire.com/prnh/20150715/237434LOGO

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/researchers-discover-gene-that-controls-regeneration-of-injured-muscle-by-adult-stem-cells-300301751.html

    SOURCE NYU Langone Medical Center

  6. DrKSSMDPhD says:

    Question of the Day:

    Which one of the following characterizes phase I cancer drug testing?

    a. It may involve patients with different kinds of cancer.
    b. It is limited to patients who have highly effective treatment alternatives.
    c. It uses a single dose level to ascertain response rates.
    d. It always involves completely predictable toxicities.

  7. SoGiAm says:

    Chinese scientists get go-ahead for first human CRISPR trial, starts next month http://go.nature.com/2acQ976
    #WhenTheFree http://www.stockgumshoe.com/2016/07/microblog-w-t-f/comment-page-1/#comment-4880580

  8. DrKSSMDPhD says:

    We discuss a lot of science here, and often speak of its quality or lack thereof. And yet how does one learn to gauge, to assess, to vet scientific excellence. Exposure and experience are fine teachers. One method I’ve often used is to show trainees papers that are particularly good or particularly bad, and let them calibrate their own perception of the work accordingly. Having been told it’s fine work or that it’s reprehensible work, they can then sniff out the attributes of the work that make it so.

    Keep in mind, the mere fact that a paper is published means nothing as to its quality. This is because of the literally thousands of scientific journals published each month, perhaps 5 percent at best really matter and can really be counted on. The need to publish is so strident now that we even have the academic equivalent of vanity presses: journals that WILL give your paper a cursory going-over, and, oh, by the way, for a fee of $5000 will almost certainly publish it.

    En route to looking up something else, I came across this paper the other day. I immediately began howling with laughter and had a hard time stopping. Here, the WORST paper I’ve seen in a long long time.

    https://www.ncbi.nlm.nih.gov/pubmed/16690220

    Now, ask yourself, what about this paper makes it particularly rotten?

  9. DrKSSMDPhD says:

    https://www.ncbi.nlm.nih.gov/pubmed/16690220

    Possible duplicate post: first attempt eaten by system.

    We speak often of science and of science quality here. But how does a lay reader learn what is good science and what is wretched? One method I’ve often used with people I’m training is to give them manuscripts reflecting particularly good or particularly loathsome work—–superlative papers of either stripe— and let them then figure out what makes the work so.

    En route to looking up something, I stumbled upon this the other day. I must say, I howled with peals of laughter for many minutes and initially wondered if it was a joke paper such as of the kind the BMJ occasionally runs. But it’s no joke.

    The link at the top is the worst paper I’ve seen in eons. Have a look. What makes it particularly rotten?

  10. SoGiAm says:

    $CARA – CARA THERAPEUTICS INC COM
    NASDAQ : CARAOption Chain
    $6.00 1.00 (20.00%)
    Bid/Ask
    5.99 / 6.03
    B/A Size
    3,600 X 600
    Volume
    Long – Jammin

  11. jabberwocky says:

    Travis, It was easier when we could write a new post at the bottom of the page after the last comment, rather than scrolling back up to the top of the comments section to do so – just a minor bit of feedback.

    In other news: $TRXC has scheduled earnings call for Aug 5th, it seems. They have been quiet since the fiasco – let’s see if they have anything to add during earnings. This stock has become deadweight unless there is some fresh news. I am in the mood for a portfolio cleanup – jettisoned $OGEN and looking to clear out $BLRX soon. Giving $PARN until earnings to persuade me to hold.

  12. DrKSSMDPhD says:

    This in from the CDC today: a shocking, totally alarming surge in the HCV vertical (mother to baby) transmission rate in Kentucky.

    https://www.cdc.gov/mmwr/volumes/65/wr/mm6528a2.htm?s_cid=mm6528a2_w

  13. DrKSSMDPhD says:

    Answer to Question of the Day:

    The correct answer is a.

    The rest are untrue.

    Oncology drugs are phase 1’d in patients with cancer of varying types, because for oncology, phase 1 is an exploration of potential antitumor activity (which equals toxicity, in a sense). Non-oncology drugs are phase 1’d in healthy volunteers, who are generally paid well for their trouble. Onc phase 1’s are sometimes labelled phase 1/2a because of the antitumor efficacy aspect. The goal of an oncology drug is to cause toxicity to at least some cells, and therefore doing onc phase 1’s in normal “volunteers” as the Nazis did is monumentally unethical.

    Nice work all. Most of you reasoned through it accurately.

  14. ScorpioRising says:

    $RLYP, just want to send out a note of thanks to DrKSS for this one. I decided to stay long, just thought it was inevitable for a buyout at some point. The last data dump of paid scripts kept me in, they doubled from the previous month, where in months prior they were more modest. So I got about 85% profit on paper (still holding), good for about a 7% pop on my total portfolio. I’ll hang on for a couple of weeks, but thinking about accumulating some $CYDY. Saw Mark Schoenebaum of Evercore/ISI on CNBC the other day, high on Gilead for the long term. Like Doc, he notes they typically grow through acquisition, and both their HCV and HIV sales are slowly trending down. The have deep pockets, and $CYDY seems like it would be a good target for them.

  15. DrKSSMDPhD says:

    New column up at http://www.stockgumshoe.com/2016/07/the-state-of-things-ruction-at-regulus/

    Please move discussion thread to space after new column. Good night all.

  16. linling88 says:

    $AMGN $BIIB $CELG $GILD $ALXN

    Biotech Stocks: End of Political Risks? – RBC’s Michael Yee and team contend that biotech stocks like Amgen, Biogen, Celgene, Gilead Sciences, and Alexion Pharmaceuticals are looking past the political risks. (via Barrons)

    http://blogs.barrons.com/stockstowatchtoday/2016/07/29/bioetch-stocks-the-end-of-political-risk/

    Long $AMGN as of today.

  17. This thread has been closed and the biotech discussions with Dr. KSS have moved to his new article. Dr. KSS’s most recent article can always be found on his author page here.