FerGene. STAY far far away. Dumpster Fire

This is another start up owned by Ferris and they are a mess!

they will be absorbed in one year or it will fail. The bladder cancer market has spoken and they are not very impressed.

stay far away

 

They turned their interviewing over to the used car recruiter Bowdoin group.

Their bladder cancer drug is not that novel according to Onc community. This group is an 18-24 month group before absorption

 

FerGene seems to have a therapy with impressive data and confidence of one of the most savvy biotech investor groups. Unique opportunity to get in on the ground floor or a small biotech company. When are they going to hire sales team?

 

it’s not that novel. This is a slab of meat recruiting process. Shit show

 

Sorry you didn't make the cut, mate. Most companies don't want someone with your negativity.

 

Upper level contact at Ferris said this group will be sold in 18-24 months. So like that when moving forward

 

If they give enough equity getting sold could be very lucrative. It is a very novel approach , the outcomes are good for that population however I think Seattle Genetics just published some very good data as well. Opportunity to launch a cutting edge approach using viral vector technology

 

yea but with current crisis this won’t get off the ground for awhile and then when it dies it won’t meet goals previously set. As well shares will be controlled by Ferris. They should sell off now

 

So you can tell the future ? Also what’s Ferris ? You mean Ferring ......

 

Feeding will sell this unit off within 24 months. It’s a one trick pony with a bcg niche delivery.

the infrastructure is a little big but ferring is looking at this as a quick sell.
Since virus occurred expect a pull back possibly on some spots.

From horses mouth

 

yea the therapy was Merck then blackstone (down 30% this month) then coop with feeding to create a one small office in Cambridge ma

quick sell

 

Jobs posted if you need one. Likely make Dendreon look like they were successful with Provenge.

 

STAY FAR AWAY FROM MEDICAL AFFAIRS!

YOU HAVE BEEN WARNED!!!

 

Bummer....heard they let go of sales yesterday.....anyone else?

 

Market access gone as well

 

What's the latest on FerGene? What about their drug?

 

Oh poor bowdoin group with all their sass.

 

I’m thinking of applying. Thoughts?

 

It is toast. But call the bowdoin group about other remedial career opportunities