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I agree that Nader should be commended for saving

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Post# of 154836
(Total Views: 618)
Posted On: 01/26/2022 10:17:27 AM
Posted By: generactor
Re: TechGuru #116190
I agree that Nader should be commended for saving leronlimab and I never doubted his passion for helping patients but...

If he had quit in late 2019 like he contemplated, I think the company probably would have been in a lot better shape.

He was an amateur, consistently had unrealistic ambitions and could be guilty of short-term thinking. The embarrassingly early cancer BTD submission in early 2020 and trying to ram the obviously unfinished BLA through (I don't care what Amarex did or didn't do, he decided to submit it) were perfect examples. Then in late summer 2020 he admitted that he had 2 strikes against him with the FDA, and it's obvious in hindsight that both of the strikes were unforced errors.

Ask yourself, where would the company have been under his leadership without covid? After the BLA fiasco, it probably would have been bankrupt or John Fife would have wound up being our CEO and installing his relatives on the Board (that happened to another company, SDRG)

All of this is water under the bridge now and I'm very excited about the future but without covid Nader would have likely screwed us all so it was long past time for him to go, and here's to the future being golden with our second chance.


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