Get ready to be sold

anonymous

Guest
Investor groups are making demands
Management is emphasizing improvement in metrics such as calls per day
Expense reports demanding more than necessary explanations for routine expenses

Trying to put lipstick on a pig to make Alkermes more attractive for a buyout.
 






And who's buying, genius? Almost every big player has exited psychiatry, no one wants addiction or extra manufacturing plants in Ohio and Ireland, and it's a lot of pay for an early oncology asset and unproven pre-clinical compounds.
 


















I hope we are bought. The walk away money will be intense from the new ownership when everyone is let go. Hey Pops, make the deal so we can cash the big lay-off checks.
 












Companies usually buy assets. What does Alkermes have that major drug company would want? Only thing of value is the IP around delivery systems. End of story the rest is all molecular happy talk .
 


































































Pops has been CEO for 30 years. That’s extremely rare for a publicly traded company and there’s a reason why. Should have cycled out years ago and got some new energy and a new direction. Instead he was left to ride this thing into the ground.
 






Pops and Pat from Clovis must be related. Both have a talent for destroying shareholder equity. He needs to go. He’s obtuse and clearly incompetent.
How did Clovis get into this thread? CEO Pat M sold one company to Gilead and then sold Pharmion for $3bn to Celgene. Yes, Clovis has had problems but at least Pat has some big value creation wins to his name.