We seek to Make a Difference in the lives of our clients, their patients and our employees by helping make new drugs happen at the speed of science.
According to a few former employees:
If they (the FDA) dig deep enough they will find that the services they provided over the years were laced with incompetence, and extreme mediocrity.
It is a sweat shop. Horrible working conditions
I know a few people that have worked there in the past and not a single one of them have anything good to say about Formatech.
According to the FDA warning letter:
investigators from the Food and Drug Administration (FDA) identified significant violations of Current Good Manufacturing Practice (CGMP) regulations for Finished Pharmaceuticals, Title 21, Code of Federal Regulations, Parts 210 and 211.
But there is a positive side to this story if you work in science. According to Equipnet.com:
Complete Liquidation of a Formatech Facility: Featuring Lab Equipment, Sterile Processing Equipment, Facility Equipment, Office Furniture & Much, Much More!
What happened? Cellceutix had a contract with Formatech. Surely they were honest people. Why then did someone make this claim:
Take a good look at Cellceutix, they are having their "drug" Kevetrin, formulated by these guys. Cellceutix has claimed to have noted chemist SD on their SAB, yet SD doesn't even know them.
Kevetrin is nothing more than a simple S-alkylthiourea, they claimed it was a novel selective kinase inhibitor, with only millimolar activity! Anyone knowledgeable in this field knows that a kinase inhibitor must have low nanomolar activity to be considered in this regard.
Cellceutix has been reported to the office of criminal investigation at the FDA with regards to their IND submission for this compound.
Oh the seven degrees of separation. In this case biotechnology bullshitters lead from one bad apple to another. One degree of separation. Of course I don't know if any of this news about Cellceutix is true. Professional liars certainly pad the resume of their companies. They flock to biotech. They do things like put down on their resume that they were Rhodes Scholar. Where there is smoke there is fire. What else could be uncovered if one were to look?