Jul. 31 at 2:35 AM
$ASBP product development is undertaken by its scientific clinical team.
CEO departure, while unsettling right before major product launch, don’t necessarily signal failure. Core business - including high-dose aspirin clinical program, FDA pathway, and upcoming consumer product launches — remains on track with no reported delays.
What matters:
- Departed were new hires (joined 2025) not involved in product development
- Core R&D engine remains
- Key leaders like Kraig Higginson (since 2021) and Edward Kimball (since 2019) provide continuity.
- No reported setbacks in FDA or product milestones
- - F'l backings from tutes like Blackstone
Leadership turnover commonly happens in early-stage biotechs. Herd-dynamic departures exist amongst buddies. Am watching the pipeline, not the fear-mongering headlines and internal power struggle, or perhaps failed remuneration negotiations given the company's already disclosed financial constraints. High calculated risk, high reward as always. Nfa