Mallinckrodt responds to the lies from Chanos:
https://www.benzinga.com/general/bi...im-chanos-thesis-misleading-not-based-on-fact
If it's not yet obvious to some here, the lies, the fear mongering and incessant, verbose, useless commentary repeated day after day is for a purpose.
But it won't make a DAMN bit of difference to the progress Mesoblast keeps making.
I think it was @Anjo-Roch who said it best: perhaps some here who spread lies about MNK financials and prospects and think they know better than MNK's management should apply to be hired by MNK (I'd say as janitors, if they can even be considered for that).
The very reason MNK is looking to get less reliant on Acthar and its falling generic business is because they KNOW and HAVE KNOWN for a while that it's not in their best interest. Hence they are looking to get into regen med and diversification. They already acquired Stratatech and now in negotiations with Mesoblast for the MOTHER of all blockbusters (CLBP).
I have highlighted why MNK is negotiating with Mesoblast, back in December 2016
Here:
https://hotcopper.com.au/threads/a-slam-dunk.3137507/?post_id=21562331#.WR9Cj_QrLrc
And I posted my estimates of the market for CLBP in the US alone here:
https://hotcopper.com.au/threads/crunching-the-numbers.3299049/?post_id=23367138#.WR9DQfQrLrc
PS: Have a good weekend
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