Intarcia Therapeutics

April FOOOL's Day, how apropos. FDA smelled the fraud emanating from all the boys in the C-suite. Amazing that there are any monies left after they cleaned out the coffers to buy their smalldickfastcars.
 






Real question is how long Kurt “The Greatest” can hide.

This is his second bankruptcy. Remember when he was the Hep C expert from Vertex - that turned into Biolex bankruptcy.(Biolex to liquidate after burning $190M on hep C drug. Fierce Biotech Jul 9 2012)

This is his typical pattern. Biolex Therapeutics Names Kurt Graves Executive Chairman as Company Prepares for Phase 3 Trials and Commercialization of Loctero” Fierce Biotech Nov 9 2010.

Said Kurt Graves “I have a high level of confidence in Locteron...and its ability to capitalize on the explosive growth expected in HCV...”

Two years later - no approval - money disappeared - company bankrupt

So same story different suckers

Good news Kurt is Chairman of a new biotech !
 


















Oh no: FDA advisors unanimously reject Intarcia's embattled type 2 diabetes treatment

How will they continue to bilk investors and abuse employees? Oh that's right KG becomes BOD member, deposes CEO and takes over some other company. Same story, different company. But the outcome will ALWAYS be the same with this guy. Take the money and RUN!!!
 






What a joke Pinocchio called Intarcia/IOU2 the lowest regulatory risk of any biopharm project. The Emperor has no clothes. REJECTION

so how bout them bag holder investors - do they actually believe the lies ?