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This did not make the ribosomes happy...
The real Lilly quickly refuted it and said they were still dedicated to ripping off every diabetic in America and would work with Twitter to combat this heinous bit of misinformation.
Considering there were almost no Twitter employees left, it took a while, but that fake account has now been locked.
For anyone looking to get their ad dollars away from Twitter and into safer havens, there's always the BioPharmGuy website.
Total Pros
BioViva was founded in 2015, and just put out a news release saying they will start Series A fundraising next year. Yeah, because investors are beating the doors down and BioViva is dead set on resisting until next year. Sure.
Nothing screams professional quite like having a link to a Google form at the bottom of your Contact Us page for potential investors to fill out.
Website Roast - Neurotron
If you want people to think 'cutting edge' in the life sciences, no better way than declaring right in your logo that your company was founded in 1981. Talk about a dinosaur.
And if there were any doubt about Neurotron's dinosaur status, their website clears it all away. Amazing.
You can see the copyright at the bottom is 1996-2016, though the look is definitely much closer to 1996.
Despite that still old 2016 website date, they're still technically active after heading for the mountains of Colorado. So this website is not a preserved piece of biotech history, it's more like a biotech coelacanth.
And in case you were wondering, yes they were at the Midwest Podiatry Conference in Chicago March 27-30, 2008.
The Big Payoff
ImmunoGen finally obtained their first FDA drug approval. It's an antibody-drug conjugate for some cancer indications and it only took them…waaaaaaait a minute. That can’t be right.
41 years?!
This company was founded two months after Ronald Reagan was first inaugurated and just now got a product approved. You think you’ve seen it all in this industry...how the hell does a biotech company have money to survive that long without selling anything?
The second most ridiculous part about this news event was their stock price dropped 16% after the approval was announced. The hell kind of twisted world we livin’ in here?
41 years! Good lord.
?ronetic
Uh oh - another company who included its proper name pronunciation in a press release. This one is called Xironetic.
In biotech/life sciences, the X would typically be pronounced as Z and that would be that – Zye-row-net-ick.
But no! This company says Chiro-net-ik is the real pronunciation. (which, by the way, is a ridiculous way to show pronunciation with that ambiguous ch)
Ok, the Greek letter Chi looks like an X, so they’re pronouncing the X as Chi. Got it.
Hold up - then shouldn’t the company name be Xronetic?
Because if they throw that additional 'i' in the mix, suddenly there's a totally different Greek letter, Xi, up front, and now we descend into tragedy.
Lesson: if you need to tell someone how to pronounce your company’s name, PICK A DIFFERENT NAME.
Patient Simulator
Gaumard Scientific has installed its first patient simulator for nurse training. It's able to produce vital signs, mimic disease symptoms and can even conduct some conversational speech.
It’s still a step away from the real deal as it does not currently have the ability to yell at the nurse about how it learned from Alex Jones that Covid vaccines were created by Democrats to institute radical socialism, but hey, baby steps.
Theranos Grand Finale
Tomorrow is the day. Elizabeth Holmes will learn her fate.
The US Government is asking for 15 years plus $803M restitution.
Holmes' team is asking for 18 months in-home confinement in her husband’s 9-bedroom estate with four swimming pools, a tennis court and an orchard.
What, no polo grounds? Talk about slumming it.
Since we all did a spell of home confinement during the pandemic, it’s a joke they’re still offering that option to anyone, much less big time fraudsters.
Holmes will go to jail, the only question is for how long.
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