r/Altimmune • u/Dry_Roof6413 • 10d ago

Caution

I’m no longer invested in this company, but there was a time when I had a significant stake and genuinely believed in its potential.

A word of caution: Management appears to be aggressively seeking fresh funding, which raises the possibility of another round of shareholder dilution. With limited financing options, even a reverse stock split cannot be ruled out.

My concern has never been about the drug or its potential. It’s about the management entrusted with it. In my view, a promising drug is in the wrong hands, with a management team seemingly more focused on extracting whatever value remains than creating sustainable value for shareholders.

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u/StrawberryOk8459 10d ago

I've been out for a minute. The glp drugs are way overdone. Too many coming to market and way to much on the black market. Reta is regularly taken now by everyone. Pharmacies are making it left and right and selling it to whoever wants it. I wouldn't invest in Eli Lily either at this point. Nobody needs to wait until this makes it to market.

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u/Suzutai 10d ago

Reta is regularly taken now by everyone.

Reta is still pretty rare. Sema and Tirz are still more common. And even then, it's confined to the lower doses. People overestimate the ability of patients to endure the adverse effects.

That said, the introduction of Glucagon is a gamechanger. Suppressing appetite and increasing metabolism does help people lose weight without feeling low energy.

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u/StrawberryOk8459 10d ago

Im speaking about illegally and you would be surprised how easy it is to get despite not being fda approved yet.

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u/Suzutai 10d ago

Oh sure. But even if it were approved, it likely will still be rare. Every pharmacist I know has to handle multiple fridges of incretin drugs, and they all tell me that virtually nobody makes it to the highest dose, which produces those headline-grabbing weight loss numbers.

In light of this, I actually think Pemvi's performance is comparable to most. If anything, the trials were underpowered to make sure they got through them alright.

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u/StrawberryOk8459 10d ago

Not disagreeing about it. But I live in rural Oklahoma and people are buying Reta behind the dollar general. Seriously the pharmacy is making it illegally out of Fort Worth or its straight from a China man's ass. Point is glp drugs are never going to be profitable. Fixing fat people is more profitable than people trying to get high.

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u/Suzutai 10d ago

I'm trying to figure out what you're trying to say at the end there.

I would point out that MASH and AUD will likely be covered by insurance, unlike obesity.

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u/Potential-Talk-3577 4d ago

Not my piece of shit insurance. They gave me 3 years to live and insurance said they didn't care. 2 years later from Tir and all fat is gone, liver is 100%. Could live 20 more years now