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Cel-Sci's History of Disappearing Drugs: BioBuzz

Murphy deserves credit for recommending BioCryst early, before the stock began its recent H1N1-induced upward trajectory. But Murphy also has told his subscribers that BioCryst is worth $30, and with the stock nowhere close to that price, he's going far afield to blame others for its under-performance.

Last September, Murphy accused the FDA of complicity in the deaths of children from H1N1 because the agency had not yet approved an expanded use of BioCryst's flu drug peramivir.

In October, Murphy responded to a post on the Schwitzer Health News Blog by accusing BioCryst's Big Pharma competitors (presumably Roche and GlaxoSmithKline (GSK), makers of other flu antivirals) of pressuring the FDA to delay peramivir's approval.

-- Reported by Adam Feuerstein in Boston.

Adam Feuerstein writes regularly for TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, although he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. Feuerstein appreciates your feedback; click here to send him an email.
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