Comments on: Glaxo Places Big Bet On Drug For Clogged Arteries http://www.pharmalot.com/2008/12/glaxo-places-big-bet-on-drug-for-clogged-arteries/ News, Comment and Conversation Mon, 22 Mar 2010 12:37:42 +0000 http://wordpress.org/?v=2.6.2 By: Condor http://www.pharmalot.com/2008/12/glaxo-places-big-bet-on-drug-for-clogged-arteries/#comment-385020 Condor Thu, 18 Dec 2008 15:51:14 +0000 http://www.pharmalot.com/?p=18752#comment-385020 Speaking of "bets" on clogged arteries -- Schering CEO Fred Hassan told the world, on a November 24, 2008 R&D Webcast he broadcast, that Vytorin/Zetia sales were "stabilizing". Um. not. so. much. the franchise's swoon actually ACCELERATED in November 2008. [Good thing GC Tom Sabatino got his $500,000 CASH payout BEFORE he released this awful, steaming pile of dung of an SEC Form 8-K, huh? Yikes!] Much more here -- Schering's stock was off 5% at the NYSE opening bell: http://shearlingsplowed.blogspot.com/2008/12/on-november-24-ceo-fred-hassan-said.html Speaking of “bets” on clogged arteries — Schering CEO Fred Hassan told the world, on a November 24, 2008 R&D Webcast he broadcast, that Vytorin/Zetia sales were “stabilizing”.

Um. not. so. much. the franchise’s swoon actually ACCELERATED in November 2008.

[Good thing GC Tom Sabatino got his $500,000 CASH payout BEFORE he released this awful, steaming pile of dung of an SEC Form 8-K, huh? Yikes!]

Much more here — Schering’s stock was off 5% at the NYSE opening bell:

http://shearlingsplowed.blogspot.com/2008/12/on-november-24-ceo-fred-hassan-said.html

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