Mar 15, 2008

Ming Knows Too Much For His Own Good

Adjusting his tinfoil hat and looking suspiciously under his bed, Ming declares he is not paranoid. He knows why Dendreon's Provenge approval was delayed and why the price is held down. Come closer gentle reader. Let Ming whisper the answers into your hairy, unwashed ear. Industrial espionage and reverse engineering. Time is of the essence. If Ming were head of a pipeline parched pharmaceutical, you can bet your last kopek he would dispatch his minions to infiltrate the manufacturing process at Dendreon, get his grubbies on the cassette technology and reverse engineer the solution to how it works. This all takes time. Meanwhile, the price must remain depressed while approval is delayed. No favorable financing predicated on a higher priced stock can be allowed that would enable them to reactivate their pipeline. The future direction of medicine could be at stake. Big Pharma must be first. Coca-Cola's formula is only known by three people. WD-40's formula is only known by three people. Ming trembles to ask how many dunderheads at Dendreon know how the cassette technology works. The formula is probably kept hidden in one of those fake rocks people leave outside with the keys to their house in them. Meanwhile, Ming, whose enemies are legion, just like Caesar Augustus , is forced to confine his diet to random figs he picks in the orchard thus foiling all attempts to poison him. Unfortunately, this has the ancillary effect of boosting the market for adult diapers.

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