BTA biota holdings limited

somewhat perplexed, page-5

  1. 8,877 Posts.
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    My email. Others please send them.

    Russell,

    As a loyal BOTA holder over the years can I express my frustration and disappointment with how you are running this company.

    Today BARDAs Director Robin Robinson made these comments:

    ‘’BARDA director Dr Robin Robinson told Biotech Daily today that “with the challenges this
    development project encountered, we felt it was in the best interest of the taxpayer to
    support development of other promising influenza antiviral drugs already in our antiviral
    drug portfolio and possibly new drugs to treat critically ill patients with influenza”.

    “During a recent review, we shared our concerns with the company, including the number
    of people enrolled so far in Biota’s phase II clinical trials to evaluate laninamivir in adults
    during the recent influenza season; the cost of additional clinical trials; emergence of
    resistance to laninamivir in recent H7N9 virus strains; and feasibility of using laninamivir to
    treat of critically ill, hospitalized patients with influenza,” Dr Robinson said.


    So you were well aware of BARDAs concerns, so it would come as no great surprise that they terminated our contract. Perplexed indeed. !!!

    OK so now what. !!!!

    Shareholders desperately need coms on your next move before the share price slides into oblivion.


    Yours Sincerely,

    Muzz
 
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