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AlCp

26,802 Posts.

1737

16/03/20

20:32

Post #: 43525489
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Originally posted by pilko3 ↑

Competing agendas...falling into the lair of Sanofi and Roche. O'Dera...amateur hour on repeat. Lambs to the slaughter and did they get slaughtered. Why on Earth when the focus was on FDA approval did RAP get involved in YET ANOTHER project that would suck time, focus and resources as well as leave the at the mercy of Big Pharma agenda? They always have anagenda duh!
They are too muddled...they were clutching at every offer like a kid in a candy store iMHO. RAP should have said thank for the offer to come into Creasphere guys however we might just eave it for now...may be the next one or the one aftervthat as we are right in the middle of something at this time. No...they got suckered and now the results are out there and we have been stuffed by an innocent non game playing BOD. Sheesh!
Blind Freddy could have seen that...a few of us sighed with resignation and said oh well when RAP signed up for this. Strange how the FDA result just happened to be released right at the timeSAnofi had to say in or out? Not from my way of thinking. Roche just announced they have a 10x faster Coronavirus test ready to go. Really! How about that! Wow we never would have guessed. Roche and Sanofi (?) pay the FDA asquillion every year do they not...in licencing fees. Squillions would be my guess. The FDA approval should have been released in NOV yes? It hit the same time as Sanofi dudded RAP! Have Roche got a reason to make that call to their mates at FDA...sure they did...they will sell 10 x morebtests now as RAP had the potential to be at the front of the line and when the test proved negative the patient owuldn't require a ROCHE test would they?
RAP BOD needs some street fighters who are able to see behind and investigate the reasons behnd every move and offer being made from here on in or we are toast...we are warm bread now! If you don't think money talks in that sphere in FDA/Pharma tie ups and client relationships you are dreaming. DREAMING! FDA approval due Nov arrives same day as Sanofi knock back. All of a sudden thenew friend at school turned like a Bondi Bus as soon as their new mate felt comfortable. Now they have info that they shouldn't have and RAP has no aproval from FDA and no deal with Sanofi. Unbelievable? Sleep on it. RAP need help in the scrum...this isn't going to get easier. They know (TK and team) they have been suckered and they are gutted...but it ain't over. If they have the balls to get up and change their way of operating and keeping room on their plate so they have room to move and timeto think there is hope. Time to use their heads and brains...but do they have anyt real strategic talent? There are ways to make this a monster company but a rethink and retsrategize is required.
A quick phone call to FDA and they knocked us back...not on efficacy but on possible danger...how on earth did this occur? Easy they picked on something tht can and may possibly be reversed but it was enough to hold up the forward momentum big time. How long now...could be anothetr 12 months to get it through. Kids only. 10 weeks to a meeting to discuss. 4 weeks to get back to them with the correct answers. 13 weeks for FDA to consider but not before two more questions re stuff have to be answered by rap. So that is another 3 to 4 months...how are we looking now? 10 to 12 more months. I have a different take on a different way to go...far reaching and dynamic. Times like these call for smarts...streategic rightturs and discilpline. WE will see if TK and the BOD want to listen...back soon.

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"A quick phone call to FDA and they knocked us back...not on efficacy but on possible danger..." Did you call the FDA since as far as I'm aware, management haven't "officially" confirm this, it's possible the FDA were after 90% accuracy instead of around 80% with the 33% indecision which I thought would have worked in the approval favour.

RAP Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
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