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BioSim Pharmaceuticals is Focused on Building a Portfolio of Generic Drugs for the Orphan Diseases - BioSim Pharmaceuticals issues public request to Oppenheimer & Co. for retraction of Research Note - BioSimLLC.com
BioSim Pharmaceuticals is Focused on Building a Portfolio of Generic Drugs for the Orphan Diseases

 

NewswireToday - /newswire/ - Seattle, WA, United States, 2012/08/08 - BioSim Pharmaceuticals issues public request to Oppenheimer & Co. for retraction of Research Note - BioSimLLC.com.

   
 
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This release is a public request being issued to Oppenheimer & Co. to remove or correct a Questcor Corp. investment note dated Monday July 16, 2012 by Oppenheimer associate Christopher Holterhoff. Holterhoff's published note that the BioSimllc.com “website is illegitimate” and in turn, BioSim Pharmaceuticals, is inaccurate.

BioSim Pharmaceuticals, is a pharmaceuticals company focused on making affordable generics for orphan diseases. Holterhoff‘s writing of “We question the validity and legitimacy of this website and the company behind it” can be considered improper due diligence as each and every claim made has been disproven. Just a few of the inaccurate claims are that since BioSim Pharmaceuticals LLC is not registered with the Washington State Secretary of State that BioSim must not be a legitimate corporation. The fact is that BioSim is actually registered in the State of Nevada, and filed there before we became public. This may be verified with the Nevada secretary of state website. The additional claim that our address is invalid is incorrect. The address on the website is our mailing address and registered with the US postal service. Our research is conducted at another location, which is confidential. At no time did any of Oppenheimer representatives email or leave a message with BioSim requesting information in creating this research note.

BioSim is very concerned with the content of this research note. BioSim is actively engaged with the FDA in gaining approval of its first generic, a highly purified ACTH gel, whereas biosimllc.com will be posting evidence of the upcoming meeting along with other information disproving Oppenheimer's research note. We request an immediate retraction of the statements made.

About BioSim Pharmaceuticals

BioSim (biosimllc.com), a Seattle-based pharmaceutical company, focuses on building a portfolio around generic drugs for the orphan disease markets. BioSim consists of a team of highly capable individuals working together to implement both the near, and long-term objectives of advancing our pre-clinical and clinical development, all the way through late-stage development.

 
 
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Written by / Agency / Source: BioSim Pharmaceuticals, LLC

 
 

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BioSim Pharmaceuticals is Focused on Building a Portfolio of Generic Drugs for the Orphan Diseases

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Publisher Contact: Abe Panitch - BioSimLLC.com 
206-552-0630 press[.]biosimllc.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BioSim Pharmaceuticals, LLC securities in any jurisdiction including any other companies listed or named in this release.

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