Why is our leader, Tim, associating with failed companies and CEOs such as Egalet and Robert Radie? Egalet is losing $25 million a quarter and its stock has dropped 90% since January when its lead product, Arymo ER, was approved. Egalet stock is trading at just about a buck. Radie is subject to a class action alleging securities fraud. Tim Walbert is Chairman of Egalet's Board. He's sat by and done nothing. Glad he's got time to waste on Egalet when he could be doing something for us.
Jeez, I never thought of that. Wonder if the geniuses at home office think that our next move should be into abuse deterrent opioids. Been a lot of press recently and CDC publicity on the 'opiods epidemic'. IMHO it was started and is maintained by the FDA, Purdue Pharma, insurance companies and of course docs over prescribing 'pain meds'. Arymo from Egalet is just another morphine pill. I'll leave if they take on this crap. It's one down from pushing drugs on the street. Tim should disassociate himself and us from this cess pool.
Scary thought. But we've made some left field acquisitions in the recent past. Could be fun to sell an abuse deterrent opioid. Market is potentially large and it'd be doing some good for society. Here in Michigan opiod abuse is a real problem.
Not sure why Tim or Horizon should be associated with a failing company with a market cap of only $47 million and stock trading at a buck. The Egalet thread shows that the sales people have no respect for management or the CEO. Why is Tim wasting his time there?
I'm sure Tim has his good reasons. That's why I'm in the trenches sawing the logs. I'm just worrying about selling my quota and I'll let Tim worry about selling opioids. I wonder if we'll get an employee discount. Haha.
