What's the intel on the street for the reason for Calloway closing on 10/16?
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Mon news: AZ obesity pill. 50% of drug shortages last at least 2 years. Pharmas and IRA lawsuit appeals. Novo-Ascendis biobucks deal. Wegovy reduces all-cause hospital admissions. See more on our front page
anonymous
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anonymous
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anonymous
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"unforeseen circumstances" is pretty bland....looking for more specifics
did they just take the money and run? regulatory issue? investment group shut off their funds?
did they just take the money and run? regulatory issue? investment group shut off their funds?
anonymous
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anonymous
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The CEO, Gail Marcus, was honestly an idiot. No vision not prepared for CMS cuts. Gail Marcus is reactionary not a leader...simple as that. Shame on Ampersand.
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anonymous
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anonymous
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Sad, sad story...looks like gross managerial incompetence rather than corporate looting and pillaging.
anonymous
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anonymous
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Sad, sad story...looks like gross managerial incompetence rather than corporate looting and pillaging.
A little bit of both, coupled with a reimbursement Armageddon. It’ll be interesting to see who survives in this sector – aside from Quest and Labcorp. Choice? PCLS? Dominion? And some of the other <50 mil labs?