» Sponsored ads

» Sponsored ads

» Sponsored ads


Go Back   Cafepharma Message Boards > Pharma/Biotech Companies > Daiichi-Sankyo
Register Members List Calendar Search Today's Posts Mark Forums Read

Daiichi-Sankyo Anonymous board for Daiichi

Reply

 
Bookmark and Share Thread Tools Rating: Thread Rating: 6 votes, 4.33 average. Display Modes
  #1  
Old 07-01-2010, 11:09 PM
Anonymous
 
Posts: n/a
Default Daiichi to buy Accumetrics?

Interesting rumor circulating among the VC crowd on the West coast. Looks like the deal is going to happen.
Reply With Quote
  #2  
Old 07-03-2010, 01:27 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous View Post
Interesting rumor circulating among the VC crowd on the West coast. Looks like the deal is going to happen.
Pilot partnership, not a buyout. Select Hospital reps teaming with select Accumetrix reps. Not a big deal.
Reply With Quote
  #3  
Old 07-03-2010, 11:29 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Yes, pilot program has begun......Speculation on Daiichi being the "pacific rim company"
Reply With Quote
  #4  
Old 07-05-2010, 10:38 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

What do you mean by a "pacific rim company"?
Reply With Quote
  #5  
Old 07-05-2010, 11:48 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

heh heh...hey beavis, he said "rim"
Reply With Quote
  #6  
Old 07-06-2010, 03:45 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous View Post
Interesting rumor circulating among the VC crowd on the West coast. Looks like the deal is going to happen.
Quote:
Originally Posted by Anonymous View Post
Interesting rumor circulating among the VC crowd on the West coast. Looks like the deal is going to happen.
Sounds surprising to me.

Accumetrics has burned already 68 Mn USD since 2004, which is a LOT of money for a diagnostics company. Had already 5 financial rounds, few real customers.

Main patent runs out in 2017. I wonder who would want to burn more money on this technology.

Accumetrics started in 1996, collected 35 Mn USD VC till 2001, was sold for 14 Mn USD to Radiometer Copenhagen, was closed 1 year later, restarted in 2003, since then again 68 Mn USD VC collected. Still burning approximately 1 Mn USD per month. Not exactly a success story.

Why should a technology which has burned money for more than 14 years in a row suddenly get profitable?

http://www.xconomy.com/san-diego/200...nture-funding/

http://findarticles.com/p/articles/m.../ai_n25057390/

http://www.crunchbase.com/company/accumetrics

http://www.wikipatents.com/US-Patent...ssays-in-blood
Reply With Quote
  #7  
Old 07-12-2010, 08:45 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Not speculating why, just a rumor from the VC community on the west coast. You are right, current sales management is driving the company into the ditch. No real plan to boost sales or acceptance of the test. Worst run company I have ever seen.
Reply With Quote
  #8  
Old 07-15-2010, 07:45 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Nice report on cardiobrief:

http://cardiobrief.org/2010/07/12/ef...ade-in-heaven/

“Time will tell if a kiss from Accumetrics turns the prasugrel frog into Prince Effient.
Reply With Quote
  #9  
Old 07-21-2010, 09:05 AM
Anonymous z
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous View Post
Not speculating why, just a rumor from the VC community on the west coast. You are right, current sales management is driving the company into the ditch. No real plan to boost sales or acceptance of the test. Worst run company I have ever seen.

The morons that run Accumetrics are busy taking the company down and could never pull off a Diachii acquisition. All you need to do is meet the CEO and his pony pal VP and you'd know. Scary that VCs still throw them money. Just scary.
Reply With Quote
  #10  
Old 07-21-2010, 09:25 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous z View Post
The morons that run Accumetrics are busy taking the company down and could never pull off a Diachii acquisition. All you need to do is meet the CEO and his pony pal VP and you'd know. Scary that VCs still throw them money. Just scary.
It's funny. I just met them and thought somewhat of the same thing. One of their reps told me that they change strategic course as offer as their underwear. I came away with the impression that they think it's a commodity product and really don't understand the market where effient is used. I think they sold some urine strips to FP's before Explains where all the money goes.
Reply With Quote
  #11  
Old 07-22-2010, 09:38 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous View Post
Nice report on cardiobrief:

http://cardiobrief.org/2010/07/12/ef...ade-in-heaven/

“Time will tell if a kiss from Accumetrics turns the prasugrel frog into Prince Effient.
correct me if I am wrong but the accumetrics test that they are going to be pushing is a plasma test. if this is meant to knock down plavix then it would be the wrong test. you need genetic testing correct? Also, most cards arent going to look past the fatal bleeding and the ones that do are going to follow the guidlines getting ready to come out that say, if effient is started it should only be for short time (30 days), then switch to plavix or another treatment.

All this work to knock plavix and it will be for nothing once AZ's tacagilor comes out.
Reply With Quote
  #12  
Old 07-29-2010, 06:17 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

correct me if I am wrong but the accumetrics test that they are going to be pushing is a plasma test. if this is meant to knock down plavix then it would be the wrong test. you need genetic testing correct? Also, most cards arent going to look past the fatal bleeding and the ones that do are going to follow the guidlines getting ready to come out that say, if effient is started it should only be for short time (30 days), then switch to plavix or another treatment.

All this work to knock plavix and it will be for nothing once AZ's tacagilor comes out.

What?.....genotyping alone cannot replace phenotyping.
Reply With Quote
  #13  
Old 07-29-2010, 06:21 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Accumetrics is being run into the toilet. 9 reps nationwide, all looking to get out. A specialty distributor network in shambles. Partnering with Fisher Scientific, no experience with the end users. DSI/Lilly has been sold a bill of goods to prolong the eminent death of this company.

Top notch product that is being cheapened by knuckleheads.
Reply With Quote
  #14  
Old 07-29-2010, 08:16 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Agreed. Daiichi was not given the whole story of this company. There is no way with only 9 reps, that they can manage the program with Lilly. They are using our budgets to try to get to our docs, something they cant do on their own. There is no free lunch. Wake up.
Reply With Quote
  #15  
Old 07-30-2010, 11:40 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

One of their reps told me it looks like their specialty distributors are being let go and replaced totally with Fisher. Doesn't make any sense to me since they don't talk to docs.
Reply With Quote
  #16  
Old 07-31-2010, 02:46 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous z View Post
The morons that run Accumetrics are busy taking the company down and could never pull off a Diachii acquisition. All you need to do is meet the CEO and his pony pal VP and you'd know. Scary that VCs still throw them money. Just scary.
Everyone seems to know this about the CEO and VP but the investors. Someone needs to wake up the guys with the money!
Reply With Quote
  #17  
Old 08-01-2010, 09:11 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous View Post
Everyone seems to know this about the CEO and VP but the investors. Someone needs to wake up the guys with the money!
What shall the guys with the money do? Let Accumetrics go bust and write off 68 Mn $? Now they still hope that somebody with lots of cash but no brain finally buys the company. Happened before in 2001 when Radiometer bought Accumetrics. Heard that Accumetrics has already been offered to everybody in the field at least twice, but the VCs have not given up yet. Roche seems to be their latest victim, however it should be impossible that this business case makes it through their due diligence.
Reply With Quote
  #18  
Old 08-01-2010, 12:39 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous View Post
Accumetrics is being run into the toilet. 9 reps nationwide, all looking to get out. A specialty distributor network in shambles. Partnering with Fisher Scientific, no experience with the end users. DSI/Lilly has been sold a bill of goods to prolong the eminent death of this company.

Top notch product that is being cheapened by knuckleheads.
Interesting product, but EXPENSIVE.
Reply With Quote
  #19  
Old 08-18-2010, 07:50 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Already big problems with the program, most reps are afraid of the testing since it will also show hyper-responsiveness......plus, the Accumetrics guys seem to have all checked out. My guy is dying to get out of that company.
Reply With Quote
  #20  
Old 08-26-2010, 03:53 AM
Anonymous
 
Posts: n/a
Crying Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous View Post
Already big problems with the program, most reps are afraid of the testing since it will also show hyper-responsiveness......plus, the Accumetrics guys seem to have all checked out. My guy is dying to get out of that company.
I think the Accumetrics guys are also afraid of the new Siemens PFA-100 plavix assay. Seems to be as fast and simple as Accumetrics, but 3 x lower test price and a much wider used instrument. This will kill Accumetrics IMHO.
Reply With Quote
  #21  
Old 09-04-2010, 03:15 AM
Anonymous
 
Posts: n/a
Jester Re: Daiichi to buy Accumetrics? - MORE FINANCING!

Quote:
Originally Posted by Anonymous View Post
Everyone seems to know this about the CEO and VP but the investors. Someone needs to wake up the guys with the money!
Bingo!

Another $7 million capital financing from the VCs...

"The closure of this financing demonstrates continued and unwavering confidence from our investor base," said Timothy I. Still, President and CEO of Accumetrics. "We are excited to be positioned at the forefront of a major market shift in the healthcare sector where medical diagnostics will play a greater role in personalizing patient treatment."
Reply With Quote
  #22  
Old 09-09-2010, 05:30 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Panic to bring in business at Accumetrics......The investors need to wake up to the Still/Chisolm scam. By the way, when are they releasing the machines that were used for the Lilly/Effient trial ....Hmmmmmmm//// Will Accumetrics tell their salespeople and other sales channels? I'm sick of the BS and lies.
Reply With Quote
  #23  
Old 10-19-2010, 07:48 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Barely used machines are already hitting the market (450 that were used by DSI for the Effient trials) Accumetrics is turning their eyes, as Lilly has a financial stake in the sale of these machines. They were leased.
Reply With Quote
  #24  
Old 10-20-2010, 08:23 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Sounds like another Glucowatch fiasco! Keep in mind that John G got us into that and he is going to be our next CEO! We are not better off than the Accumetrics people.
Reply With Quote
  #25  
Old 10-20-2010, 12:26 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

OMG! JG has a large vagina.
Reply With Quote
  #26  
Old 11-16-2010, 02:13 PM
Anonymous
 
Posts: n/a
Crying Re: Daiichi to buy Accumetrics?

Gravitas was negative (www.newsroom.heart.org/index.php?s=43&item=1195). Investors: Please shut down accumetrics.
Reply With Quote
  #27  
Old 11-18-2010, 12:25 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

It is absolutely a travesty how this company has blown this opportunity. Still and Chisolm are INCOMPETENT. Pilot program flop, Gravitas "need more research" waste of money, diluting sales channels and causing drastic drop in ASP, showing sales growth by increasing prices to dealers.....What a joke, good luck selling this company now.

I agree with the previous post, whoever is putting money into this bomb hasn't done any real deep research lately.
Reply With Quote
  #28  
Old 11-18-2010, 12:31 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

450 machines available for sale with printers, with Accumetrics blessings. Bend over.
Reply With Quote
  #29  
Old 11-19-2010, 05:56 AM
Anonymous
 
Posts: n/a
Unhappy Accumetrics is in deep trouble

Coming back from the AHA, my feeling is this company is in deep trouble:

- the technology: no significant predictivity in both multicenter studies performed: IMO people underestimate that this is the really sad message of the GRAVITAS data, even worse than the lack of benefit in the high clopidogrel group. See slide 19 in: http://sciencenews.myamericanheart.o...AS_pslides.pdf
And also slide 28 in:
http://spo.escardio.org/eslides/view...tid=33&fp=4989
Failure to show any significant predictivity in two multi-center studies with 1001 patients (Verifrenchy) and 1691 patients (Gravitas observational substudy) means that the technology is not able to do what it is supposed to do: to identify patients at significantly increased risk.

- the management: The accumetrics management seems to suffer from an inverse Midas syndrome: everything they do seems to fail. Also you meet all the time people that have negative stories about them to tell (or posts in this and other forums), and nobody who seems to be positive about them - obviously except from the investors.

- financial data: 05-2003: series A financing $1.3 million, 07-2004: series B financing $13.5 million, 02-2006: series C financing $8.25 million, 02-2008: series D financing $28.8 million, 10-2009: series E financing $16.6 million, additional $7 million announced in 9-2010.
$75.5 million in VC???
Is this a company or a Ponzi scheme?
$52.4 million since 2008, which is approximatelly $1.5 million per MONTH.
They don´t need a buyer, they need a bailout IMO. Perhaps Obama can help.
Reply With Quote
  #30  
Old 11-19-2010, 01:28 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

more info and comments at theheart.org:

www.theheart.org/article/1150629.do
Reply With Quote
  #31  
Old 11-19-2010, 01:33 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Having the reverse Midas touch is a kind way of saying that everything these 2 touch turns to poo. Even that is an understatement. They can point to increasing sales, but what they fail to realize is that they could have increased earnings and sales exponentially from what they are. The salient issue most people in the company agree on is that management is tone deaf, if not completely deaf to any suggestions from anyone. They are inept. Look at the booth they had at the meetings, no one can stand 20 feet away and make a determination what the company is selling. Product is discounted severely in the market, since there is no definitive distribution channel, hell, most companies try to protect ASP by protecting territories. These idiots believe that if everyone is selling it, we will sell more. They got lucky in their last position due to competitive product recall, they looked like sales stars. Chisolm imho doesn't have an ounce of sales/marketing acumen. Literally an empty, brain dead, suit.
Reply With Quote
  #32  
Old 11-20-2010, 03:00 PM
Anonymous
 
Posts: n/a
Talking Name Change?

What about verynotnowtest?
Reply With Quote
  #33  
Old 11-28-2010, 09:54 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

It seems that all VerifyNow has done is confuse doctors. The reps (with massive territories) seem to be uneducated/unaware of the data and how this technology can fit with genotyping. It seems that they have been selling this as a stand alone test...which is a miss...see GRAVITAS..and aren't responsive to lab managers/doctors when there is a run of non-responders.

Looks like other people will be left to clean up the mess after this company tanks....
Reply With Quote
  #34  
Old 11-30-2010, 02:50 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

From the Accumetrics press release:

“GRAVITAS continues to position Accumetrics as a diagnostic leader that invests in furthering clinical understanding of individualized treatment for cardiovascular patients,” said Timothy I. Still, President and CEO of Accumetrics.

Does he want to tell us he is good in spending money??
Reply With Quote
  #35  
Old 12-13-2010, 12:55 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

The seem to be doing better, in spite of Gravitas. $18 million revenue in 2010 does not sound that bad. What do the cassandras in this forum say about that?
Reply With Quote
  #36  
Old 12-15-2010, 06:56 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous View Post
Sounds like another Glucowatch fiasco! Keep in mind that John G got us into that and he is going to be our next CEO! We are not better off than the Accumetrics people.
Classic! I think the engineer that developed the Glucowatch, moved over to develop Verify Now!
Reply With Quote
  #37  
Old 12-16-2010, 09:38 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Quote:
Originally Posted by Anonymous View Post
Classic! I think the engineer that developed the Glucowatch, moved over to develop Verify Now!
.. and CEO was captain on the Titanic!
Reply With Quote
  #38  
Old 12-23-2010, 05:04 PM
Anonymous
 
Posts: n/a
Lol Re: Daiichi to buy Accumetrics?

Some of my key cardiologists have started calling it 'VERIFY NOT NOW'
Reply With Quote
  #39  
Old 02-27-2011, 08:04 AM
Anonymous
 
Posts: n/a
Default New cash?

When does Accumetrics need its next cash infusion? They received another $7 Mn in September. burning $1 Mn per month, this means they need the next financing round SOON.
Reply With Quote
  #40  
Old 03-09-2011, 02:45 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

I think nobody is interested in this company anymore since the GRAVITAS disaster..
Reply With Quote
  #41  
Old 03-19-2011, 04:04 PM
Anonymous
 
Posts: n/a
Default Gravitas... Trigger... What's next?

Another nail in their coffin...
Reply With Quote
  #42  
Old 03-21-2011, 01:25 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

"Another nail in their coffin..."

I'm sure someone needs to explain to Chisholm and Tim Still that this can't be spun into a good thing.
Reply With Quote
  #43  
Old 03-26-2011, 10:08 AM
Anonymous
 
Posts: n/a
Thumbs down Accumetrics?

Now I think they are fucked.
Reply With Quote
  #44  
Old 04-04-2011, 06:40 AM
Anonymous
 
Posts: n/a
Default All is fine!

On the ACC at Accumetrics everything is great:

Big booth, everybody looking happy.
Reply With Quote
  #45  
Old 12-08-2011, 12:53 AM
Anonymous
 
Posts: n/a
Default Roche acquires Multiplate

Roche acquired competitor Verum Diagnostica which makes the Multiplate device. Roche will kick Accumetrics´ butt.
Reply With Quote
  #46  
Old 11-16-2013, 06:19 AM
Anonymous
 
Posts: n/a
Arms Finally "acquired"

Finally Accumetrics got acquired for an "undisclosed amount" = almost nothing I suppose.

First thing ITC did was kick out the management team except for the CFO and head of operations.

Let´s see what happens less..
Reply With Quote
  #47  
Old 02-12-2014, 12:47 AM
Anonymous
 
Posts: n/a
Default Re: Finally "acquired"

[quote=Anonymous;4903776]Finally Accumetrics got acquired for an "undisclosed amount" = almost nothing I suppose.

heard that the deal was a win / win for investors, management and employees.
Reply With Quote
  #48  
Old 02-12-2014, 08:34 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

I work in Philly
I have no sox
Reply With Quote
  #49  
Old 02-12-2014, 08:42 AM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

looking forward to a shake up in Parsippany.
Oh , the look on SP's smug face when shes told we are no longer going to overpay you for a job a monkey can do.
Reply With Quote
  #50  
Old 02-17-2014, 01:20 PM
Anonymous
 
Posts: n/a
Default Re: Daiichi to buy Accumetrics?

Will there be a shake-up in Parsippany?
Reply With Quote
Reply




Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump


All times are GMT -4. The time now is 02:18 AM.


Powered by vBulletin® Version 3.6.11
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.