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clock Created with Sketch. 03/08/16
14:01
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Originally posted by TDA
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I doubt OrbiMed will be lending any more money. I think the telling thing in the Business Update was the focus on wearables and nothing else, muliple comments on these and the business seems to be setting up around these only."It is a privilege to have the opportunity to lead this Company, and I look forward to working with our Board and our employees to build on our leadership position in the wearable injector space and create value for our shareholder" Then more throughout the update: "Unilife will focus primarily on active and new customer programs in its portfolio of wearable injector systems. This primary focus on wearable injectors is expected to enhance operating efficiencies and better position the Company to take advantage of commercial opportunities within the fast-growing market for wearable injectors, where Unilife has industry leading technology and already has a strong customer base. Mr. Ryan commented, “As most recently evidenced by our transformative strategic collaboration with Amgen, we have developed industry leading wearable injector technology and are working diligently to bring these products to market with our customers’ therapies. We continue to be encouraged by the positive support of our customers and industry partners. We believe we have the right pieces in place to deliver for our customers with financial discipline, rigor, and efficiency. We have positioned the Company to significantly reduce our cash burn rate going forward, which we expect will help us enhance shareholder value.”
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TDA, Q, Unifollower - are you saying that Flex are paying for production lines? You followed it up with the following: The reason I asked that Q was because I know the answer, many many other Q's too! and: Hey, what are they saying now? I've done my FA with current management and have talked to so many people in NY, even with the ousted recently! Can you give any insight you may, or may not have gained, in your opinion, into what current management, the many people in New York and the ousted may have indicated to you back then? Only in your opinion of course
