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Biotech / Medical : NKTR Drug delivery Company -- Ignore unavailable to you. Want to Upgrade?

To: tuck who wrote (164)	10/19/2006 1:46:50 PM
From: Arthur Radley	Respond to of 507

CEO said on CC that "now" launch will not start until January 2007 because of "scaling" up problem. What happened to the previous promises that they were building inventory for early 2006 launch? CEO also said they will not see overall company revenue growth until 2009 from current levels.And to think, McKinell got a $80 million dollar going away package for running the company into the ground...nice job, if one can get it! One at least has to appreciate the candor of the new CEO...other than his plan for buying back stock. They need product...not stock sitting in company treasury.