There is a post on another forum by an attorney, that I thought was pretty good in response to that exact same post that you just did, better.
I hope she doesn't mind, but I'm going to borrow her words, because she says it all pretty well (but then you know lawyers, they do have a way with words):
While I appreciate the information and your interpretation, *name removed*, I'm taking the Morgan Stanley report with a large dose of salt, as it's clearly written from the perspective of supporting Morgan Stanley's prediction on Biogen stock.
The unnamed and unidentified experts who were consulted were working from, in my understanding, hearsay about the manifestation of PML in the two patients, and not with access to the actual data and other information within the province of Biogen Idec and/or the clinical trial investigators. Thus, it seems to have at least a healthy dose of speculation underlying the conclusions.
Three other things struck me in my quick read of the report: 1) the report tried to distinguish between MS and PML on the basis that PML affects cognition, memory and mood, but MS doesn't have similar effects. MS most certainly does affect these intellectual aspects, but probably does not deteriorate in the same rapid manner as PML does; 2) out of the ten pages of the report, only 3 addressed the issue of Tysabri and PML and did so in fairly summary fashion; the remaining 7 pages were devoted primarily to regulatory disclaimers and information; and 3) Morgan Stanley seems to rely on patient demand for Tysabri, regardless of safety, as a basis for a prediction that it will return to the market fairly quickly (i.e., within the next 12 months).
I find the last aspect of the report to be fairly insulting, as it sounds like Morgan Stanley is relying on the perceived desperation of MS patients. And, I question the conclusion, since there was a fairly small number of recipients (I believe the Biogen figure was 5,000 scripts written at this point) outside of the clinical trials. Even if some number of them are willing to sign waivers to get Tysabri, I don't think that most of us are willing to risk PML until we know more precisely how and why these two cases developed.
This report does not, in my opinon, change the status of the inquiry into the PML cases at all, nor does it provide any more insight than most of the speculation that has been circulating since Monday's announcement. It is, in the end, a financial analysis and prediction by Morgan Stanley. As I've said before, I'm not going to get my medical information from financial experts. I'll wait and see what the scientific community's conclusions are.
EDIT: By the way, better2together, you're not the same person who posted it over there, also, are you? That person is an Elan "investor". Oh, yeah.........and who also posts over on the Yahoo/Elan message board. Who was it who earlier said something about the dependability or reliability of company investor's words from the Yahoo board?
Ok........here it is:
Arron Site Admin
Joined: Feb 02, 2004
Posted: Sun Mar 06, 2005 6:01 am Post subject:
Harry, if this is from the Yahoo! Finance message board, I would give it nearly 0% credence as actually being from a Biogen employee. Most likely it is an ill-informed investor.
Disclaimer: Any information you find on this site should not be considered medical advice. All decisions should be made with the consent of your doctor, otherwise you are at your own risk.
All I'm saying is we ALL always have to consider the "sources" of anything and anyone. Including myself, of course!
I, for one, do highly respect Arron's opinions on things.
SECOND EDIT: Oh, and now I'm cracking up! And if you are the same person, then those other posts that I posted and identified in another thread here as being from another message board (regarding what other drugs those patients taking Tysabri had been on) was ALSO posted by that very same "investor"! So, those posts by that investor did more harm than good to the companies, in my opinion!
And in case anybody is just "wondering", I am not an investor in anything.......except for my own health and welfare, of course, along with other people's health and welfare.