We’ve been waiting forever for this day to come. Upon hearing the news of approval, I thought of Winston Churchill’s quote
“Victory at all costs,
victory in spite of all terror,
victory however long and hard the road may be;
for without victory, there is no survival.”
First Congratulations and thanks to Al Mann for his tenacity, perseverance and capital infusion. I’m not aware of any individual in the world, past or present who has put more than a billion dollars of personal funds into a single drug. Al Mann could have built the most expensive yacht or bought an island. He chose to help sick people. The world needs more people like him. I was so moved by his commitment and generosity that it made me start this blog. This is in spite of Mr. Market’s negative reaction, competitor’s capitulation on inhaled insulin, persistent naysayers and a clueless FDA (not in any particular order). We are glad that better sense prevailed in FDA after the adcom meeting.
Many thanks to CFO Matt Pfeffer for taking my calls and promptly responding to my emails. Many thanks to people who have helped me add useful content to this blog.
I’m happy for the patients who now have another option. I hope Afrezza lives up to its promise. I hope that the profits from Afrezza will help find us a permanent cure for Diabetes and other diseases.
Many thanks to the readers of this blog. I hope I made a small difference in helping you make a better investment decision. I may not post much from now on. But do check it out once in a year.
Mannkindfan @ gmail.com