PAA 2.33% 21.0¢ pharmaust limited

Yes Lastly "some dodgy book keeping" it is a real follow the...

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    Yes Lastly "some dodgy book keeping" it is a real follow the money story.
    For those that are unfamiliar with the story. As I remember it anyway and IMO

    Elanco was saying the sales where going very well and look at all the product we are shifting when infact they where sending it to their out lets on consignment so the numbers did not add up. Didn't take SHs long to work that the had not sold all the stuff but just moved it out of their warehouses.
    Needless to say SHs were out raged with the dodgy book keeping and threatened to vote out the board, the board needed a quick fix to calm the farm and keep their gravy train intact ie they needed something now , enter a "New Lymphoma chemo treatment" just 6 well tolerated treatments, approved and ready to go, headline news indeed.

    All that was taking place about the time Elanco was make a discission whether they would excise their option with PAA. I recon they knew/know what MPL is capable of but the trouble was it was not a quick fix to their problem, it needed further testing and would be another year or two out so they opted for the chemo thing.
    That raised a further problem MPL would render their "new chemo treatment" they had just purchased obsolete so they chose to not take up the option but to keep PAA on a string and require 'further testing.
    So here we are!

    Enter Fight MND and the Ice Bucket Challenge with a fully funded trial. Again thankyou Dr Mollard for your foresight.
    The tide has changed in our favour. Who knows, the partnership with Fight MND could force Elancos hand.

    Besides all of that Epichem is punching ahead with the OHD reactor and all the other stuff they are doing and turning a profit They are being well lead by an enthusiastic Fiona Milner and would appear we will be kept right up to date with an equally enthusiastic Anusha Aubert.
    All IMO.

    Good luck to all

 
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