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"The allegations focus on Ramaswamy’s pharmaceutical company, Roivant Sciences, which was touted as a biotechnology innovator. Instead, detractors argue, the company primarily acted as a financial vehicle. One of its most high-profile projects, Axovant, revolved around an Alzheimer’s drug that Ramaswamy acquired for $5 million. The drug became the cornerstone of a public relations blitz, pushing the company’s valuation to $2.2 billion before its eventual collapse. Axovant’s downfall came swiftly when the drug failed clinical trials in 2017. By then, Ramaswamy had reportedly cashed out nearly $40 million during the company’s hype cycle, a move critics describe as indicative of a pump-and-dump operation. The stock plummeted, wiping out thousands of retail investors who had bought into the hype."
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india missed all the golden chances..since it accepts the IT service model ippudu kottaga vachhi..ayyo semicon... ayyo manufacturing...ayyo bio..ayyo...adi ayyo idi..ani dont do fake cry our politicians..specially telugu politicians..gave hype to IT and ...made us as IT professionals... thats why IT Minister job is so popular than Home Minister job or any Minister Job now a days...
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Teluguredu started following Ramaswamy enaka intha katha undha lol
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"In 2015, Ramaswamy raised $360 million for the Roivant subsidiary Axovant Sciences in an attempt to market intepirdine as a drug for Alzheimer's disease. In December 2014, Axovant purchased the patent for intepirdine from GlaxoSmithKline (where the drug had failed four previous clinical trials) for $5 million, a small sum in the industry. Ramaswamy appeared on the cover of Forbes in 2015, and said his company would "be the highest return on investment endeavor ever taken up in the pharmaceutical industry."Before new clinical trials began, he engineered Axovant's initial public offering (IPO); it became a "Wall Street darling" and raised $315 million. The company's market value initially soared to almost $3 billion, although at the time it only had eight employees, including Ramaswamy's brother and mother. Ramaswamy took a massive payout after selling a portion of his shares in Roivant to Viking Global Investors. He claimed more than $37 million in capital gains in 2015. Ramaswamy said his company would be the "Berkshire Hathaway of drug development" and touted the drug as a "tremendous" opportunity that "could help millions" of patients, prompting some criticism that he was overpromising. In September 2017, the company announced that intepirdine had failed in its large clinical trial. The company's value plunged; it lost 75% in one day and continued to decline afterward. Shareholders who lost money included various institutional investors, such as the California State Teachers' Retirement System pension fund. Ramaswamy was insulated from much of Axovant's losses because he held his stake through Roivant." Almost similar to theranos scam ,lied about second trails being successful.
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Kondallo thondalu patti thine vallu, pullalki purugulu guchi thine valla mundhu bend ayyaru
balancer replied to psycontr's topic in Discussions
i dont know how to say to you.. in global trade and geo politics...manaki upper hand vunte adi business...leda manam opposite lower hand lo vunte adi dopidi sometimes antha kante daarunam...thats the hidden rule in global trade...may be you are not seeing that fact in patriotic lenses... in this china trade...who is going to be upper hand? ask yourself i dont have more words and patience to explain beyond that.. leave it here.. -
movie nachoochhu..nachhaka povachhu...but this is a coward act to silence the negative reviews
balancer replied to balancer's topic in Discussions
at what cost? why you care so much about heros/producers/distributors income? that producers, distributors, exhibitors..etc are thinking about your income and your affordability of ticket prices? -
His narrative was poor. The way I understood, he validated the serial number on the box, but the other party cheated him by repackaging a dummy inside the sealed box. May be he is incompetent in comprehending what they said? Court clerks are mostly incompetent and he is not dealing with the detective/Investigating Officer on the police side. You know my thoughts and I do not have respect for such people. But it is also not my position to berate every one of them. Mana lanti vaallu chivatlu pettayina, attitude marchaali. Cheap lo kavali but hassle anta. This is not India or a movie. He made a mistake with his absent mindedness, but he was also smart to record the interaction. I do not think it is his mistake completely. The other person was the perpetrator. This guy has an intent to not violate the law with his purchase. It is now his responsibility to do his part in this society.
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movie nachoochhu..nachhaka povachhu...but this is a coward act to silence the negative reviews
balancer replied to balancer's topic in Discussions
yes...this is too much of suppression of voice... chiru come back emo kaani..idi kaani back fire aithe...total mega family meeda black mark... -
hehehe... nuvvu PK laa vunnava betaa.. vaadu chegu vera pic appudu choopinchi..ippudu chetabadi cestunnadu.. nuvvu bhagath singh pic patuukuni...battaism chestunnav ikkada... you and PK are made for each other ra...nibbish gallarala...meeku internet bokka...
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NTR statue at Neerukonda massacre site? Its a Shame
ARYA replied to adavilo_baatasaari's topic in Discussions
Nice initiative... -
Men's Soft breathable Henleys/quarter zip brands
Konebhar6 replied to Jatka Bandi's topic in Discussions
Costco Costco Costco Costco Costco Costco costco -
H-1B VISAS HITTING TEXAS COMMUNITIES HARDER THAN YOU THINK
ARYA replied to Coconut's topic in Discussions
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Aa post malli inkosari chadu. He validated the serial number against Apple site. The Chinese shitttt these days looks and feels real and digitally validated. He followed the case for 1-year. And based on the details he provided, the court/police/himself are not in sync. He is confused now. Of course he has no choice but to go to court. Since he felt is it worth the hassle, I am surprised he expected any different. Now he has to identify and testify against him. You can understand what could happen (or not happen too) if he identifies and testifies. Is it really worth the hassle now for the crime or the money involved. If the author is fighting for justice,m and nothing else he should not feel it as a hassle. It was the authors mistake to begin with, but he admitted his mistake.
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Reason why jagan donated for katti mahesh treatment
Android_Halwa replied to psycopk's topic in Discussions
6 days nundi wait chestunna day apude vachesindi… Appu Day. Ie tuesday entha enkala estunaru ? Ade appu….kastha gattigane apou cheyalanukunta, 1750 crs statue ke kavali.. -
NTR statue at Neerukonda massacre site? Its a Shame
Android_Halwa replied to adavilo_baatasaari's topic in Discussions
1750 crs tho elago NTR ki statue kadutunaru kada…pani lo pani ga karamchedu li Chenchu ramayya vigraham kuda okati pedithe ? Lokesh already certificate ichesindu… -
NTR statue at Neerukonda massacre site? Its a Shame
Android_Halwa replied to adavilo_baatasaari's topic in Discussions
Yes. Latest ga create chesinaru… Anthakani Neerukonda la emi jaragaledu…nijanga emi jaragaledu. 1987 la edo ayindi ani state ni bad view lo chupinchi investments rakunda cheyadaniki jaffa gadi kutra..! -
Rivet break ayyindi.
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House 50k ki vaste, guarantee
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Bitter truth
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NTR statue at Neerukonda massacre site? Its a Shame
vetri_psyconandamuri replied to adavilo_baatasaari's topic in Discussions
Thupuk on your gajji ra yellow underwea https://www.jetir.org/papers/JETIR2410156.pdf -
NTR statue at Neerukonda massacre site? Its a Shame
vetri_psyconandamuri replied to adavilo_baatasaari's topic in Discussions
Thupuk on you ra gajji yellow underwear - Today
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HighlyRespected started following NTR statue at Neerukonda massacre site? Its a Shame
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NTR statue at Neerukonda massacre site? Its a Shame
HighlyRespected replied to adavilo_baatasaari's topic in Discussions
Arey paytms latest ga create chesara wiki page ...Writeup chuste mana toka jaffas creativity lane undi .. -
Reason why jagan donated for katti mahesh treatment
Jatka Bandi replied to psycopk's topic in Discussions
denikaithe emundile. Manishi pranam kosame kada pettindi. Lite. -
idi naaku ardham kaaledu. Evaranna explain chestara? https://www.instagram.com/reel/DTadb4rkpZ8/
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Thoughts on forgotten Congi CMs like Jalagam, Chenna Reddy, Kotla Vijayabhaskar, Janardhan Reddy etc
vincent replied to venkappa's topic in Discussions
Exactly . Reddys were into mining , contracts , infra and engineering colleges since 1950-60 s itself .
