(Chap. 14) Michael Milken, 60,000 Deaths, and the Story of Dendreon
This is the fourteenth chapter (of fifteen) of Mark Mitchell's expose @ Deep Capture....
"In July 2008, not long before Cell Genesys announced that its drug was killing people, CNBC’s Jim Cramer called Dendreon a “dog.” Cramer, of course, did not mention that the illegal naked short selling of Dendreon was continuing apace. Throughout that month, more than 1 million Dendreon shares “failed to deliver” every day, according to SEC data.
At the end of August 2008, after Cell Genesys announced that its drug was killing people, Milken’s Prostate Cancer Foundation posted a story that suggested that this failure was a sign that Dendreon could be in trouble, too. Clearly, the Prostate Cancer Foundation, whose top officials had done so much to derail Dendreon in 2007, were not eager to see the company’s treatment reach patients."
Read the full story:
deepcapture.com
July 22, 2009 by Mark Mitchell
The Deep Capture site:
deepcapture.com |
