Intarcia Therapeutics








Shit please keep us posted I gotta but Kurt's (Intarcia Investors Paid For It) Pelaton bike. Is it true Owen had a whole room of high school sports memorabilia ? When does this get auctioned off ?
 



No, everyone remaining received layoff notice, everyone gone in 60 days.

Isn't that a movie Gone in 60 Seconds ?

Everything is on track the Medici pump will be launched shortly and become a blockbuster with multi-billion dollar global adoption.

Invest now before you miss out. Biotechs most valuable unicorn under private control so we can IPO with multi-billion dollar valuation.

Wait for it.... Wait for it...
 



Big O drank the KG Kool-Aid early on and rumoured to have sunk $50 mil of his money which bought him a seat in ULT.

Alas, he was so enamored by the hype that he became KG's bitch to pitch with his street credentials and creative "novel" synthetic royalty scam and reeled-in tons of dumb rotting fish. Poor chap probably lost all his investment and worse on the hook for SEC and DOJ investigations for securities fraud (fines and maybe jail time?) not to mention the fools who invested in this turd coming home to roost. Am sure he hid his assets and all but...

In other words, KG and OH are fucked for pulling the biotech scam of the century.
 



Sorry not quite. Owen is CEO of Cullinan an Oncology Company. He must have rinsed off any Intarcia links. Didn't Owen close the Chinese investors who got in after he knew FDA would reject ?
 









That was the 4/11/2020 WARN Notice for Hayward CA that had permanent layoff of 198 employees

The C Suite Rats are fleeing the ship as well Owen split right away; Weekly departures since - who needs a CFO ? They can still be prosecuted for fraud Even if they leave the smoking ruin of a Company

Kurt must be laughing all the way to the bank. Entrepreneur of the Year NYVCA 2017. He probably laughing right now about how stupid people are to believe anything he says.
 



Kurt and Owen are in hot waters for pulling securities/wire frauds of the century and may join other infamous fraudsters at the Club Fed. At the very least banned/barred thanks to SEC enforcement actions. No more playing billion-dollar valuation biotech CEOs, chumps!
 












Except it wasn't a scam. It was utter and blatant incompetence.

The bumbling schmucks Kurt the marketing wunderkind (and self-proclaimed ex-star college footballer) and his sidekick Owen the Wall St wunderkind drunk in their own Kool-Aid ended up pulling the biggest con job in pharma industry eclipsing Theranos and even pharma bad boy Martin Shkreli.

Waiting patiently for the journalist investigative report "hitjob".
 






ROFL - Bryan did you mean "demise of this GLP-1 programs" cuz that great leadership just f*cked you in the ass. Come on "proven we can make at scale" - who tha f*ck told you that bullshit ?? WTF "showing superiority" no CV benefit dumb shit

Bryan Roberts, a partner with Venrock Associates who invested in Intarcia, gave a list of four bullet points when asked what convinced him to make such a big new investment. Here’s what he said:

1. Great leadership in Kurt Graves

2. Great 48-week data on a drug/device combo we have proven we can make at scale

3. Demise of lots of other GLP-1 programs

4
. Phase 3 clinical development strategy that has a very high likelihood of showing superiority over other therapies in a huge market.