This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Next Step for Hemispherx's Ampligen

Another week has passed and still no word from Hemispherx Biopharma (HEB - Get Report) on the approval of its chronic fatigue syndrome drug Ampligen.

Here's a prediction, more of a hunch, based on recent events: Hemispherx will soon announce that because of the current flu pandemic, the company has decided to withdraw its Ampligen application from the U.S. Food and Drug Administration. Instead, the company will focus all its resources on working with its "international partners" to develop Ampligen as an adjuvant flu vaccine booster.

Why would Hemispherx take this action? Because the company suspects that the FDA isn't going to approve Ampligen for chronic fatigue syndrome any time soon and certainly not before the company runs another lengthy and expensive clinical trial. The first study was a mess, as I've reported.

By pulling Ampligen from the FDA, Hemispherx wouldn't have to acknowledge the FDA's rejection but could spin the decision as its own choice. And the FDA couldn't say anything publicly, either.

And then, of course, CEO Bill Carter would be free to hype Ampligen as some magic elixir against the H1N1 and Avian flu strains, just like he's done in the past touting Ampligen as a treatment for HIV, the ebola virus, SARS, smallpox and whatever else he can think up to keep retail investors interested in the company.

And like all those past hoped-for-but-never-realized Ampligen claims, the new focus on flu won't amount to anything. Carter is a master at taking a kernel of truth and surrounding it with enough hype to make it sound believable.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
HEB $0.14 0.22%
GSK $42.92 -1.00%
NVS $75.96 -1.10%
AAPL $93.75 -1.10%
FB $117.53 0.69%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs