Welcome, Guest. Please Login or Register
Clusterheadaches.com
 
Search box updated Dec 3, 2011... Search ch.com with Google!
  HomeHelpSearchLoginRegisterEvent CalendarBirthday List  
 





Page Index Toggle Pages: 1
Send Topic Print
ElectroCore Faces Class Action Headache (Read 223 times)
Mike NZ
CH.com Hall of Famer
*****
Offline


Oxygen rocks! D3 too!


Posts: 3785
Auckland, New Zealand
Gender: male
ElectroCore Faces Class Action Headache
Oct 19th, 2019 at 5:21pm
 
ElectroCore Faces Class Action Headache

Multimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to Login or Register

As a summary:

Quote:
A class-action lawsuit has been filed against bioelectronic medicine company electroCore, Inc. and some of its officers and directors, alleging they violated federal securities laws by providing false and misleading information to investors about its lead product in the run-up to the company’s IPO. The lawsuit is intended to cover investors who purchased electroCore stock between June 22, 2018 and Sept. 25, 2019.


The key part (from my non-lawyer) reading of the article is:
Quote:
“The company lacked sufficient clinical data demonstrating that gammaCore was effective and safe for migraine prevention,” said the complaint. “As a result, doctors and patients were unlikely to adopt gammaCore over existing treatments.”


Note that it doesn't say:
  • It doesn't work
  • It isn't safe
  • It isn't better or worse than alternatives

All it does say is that there isn't "sufficient" clinical data demonstrating effectiveness and safety.

Hopefully this doesn't result in the removal of an option that at least some people with migraine and / or cluster headache have found to be effective.
Back to top
« Last Edit: Oct 20th, 2019 at 1:00am by Mike NZ »  
 
IP Logged
 
AussieBrian
CH.com Hall of Famer
*****
Offline


CH - It's all in your
head!


Posts: 3642
Cairns, Qld, Australia
Gender: male
Re: https://www.ai-cio.com/news/electrocore-faces-clas
Reply #1 - Oct 19th, 2019 at 10:38pm
 
Mike NZ wrote on Oct 19th, 2019 at 5:21pm:
All it does say is that there isn't "sufficient" clinical data demonstrating effectiveness and safety.

I doubt there's  "sufficient"  clinical data demonstrating the effectiveness and safety of packets of frozen peas,  but that's never stopped us CHeads!

All power to  ElectroCore  for at least trying to give us something that might help.
Back to top
  

My name is Brian. I'm a ClusterHead and I'm here to help. Email me anytime at briandinkum@yahoo.com
 
IP Logged
 
Mike NZ
CH.com Hall of Famer
*****
Offline


Oxygen rocks! D3 too!


Posts: 3785
Auckland, New Zealand
Gender: male
Re: https://www.ai-cio.com/news/electrocore-faces-clas
Reply #2 - Oct 20th, 2019 at 1:02am
 
Mike NZ wrote on Oct 19th, 2019 at 5:21pm:
I doubt there's  "sufficient"  clinical data demonstrating the effectiveness and safety of packets of frozen peas,  but that's never stopped us CHeads!.

And when does that stop a lawyer trying to make $$$?

And if it resulted in gammaCore being taken off the market? Well I'm not sure how some lawyers can do things like that...  Sad
Back to top
  
 
IP Logged
 
AussieBrian
CH.com Hall of Famer
*****
Offline


CH - It's all in your
head!


Posts: 3642
Cairns, Qld, Australia
Gender: male
Re: ElectroCore Faces Class Action Headache
Reply #3 - Oct 20th, 2019 at 1:28am
 
I agree completely which is why I reckon in all such cases it should be up to the litigators to prove the device  doesn't  help some poor sods who must live with these dread conditions.
Back to top
  

My name is Brian. I'm a ClusterHead and I'm here to help. Email me anytime at briandinkum@yahoo.com
 
IP Logged
 
Peter510
CH.com Alumnus
***
Offline


Don't give out... But
don't give in.


Posts: 915
Wexford. Ireland
Gender: male
Re: ElectroCore Faces Class Action Headache
Reply #4 - Oct 20th, 2019 at 4:51am
 
This is purely a financial lawsuit. The accusation is that they “may” have exaggerated research information in order to bump up the share price before an IPO.

The sales of gammaCore have probably not reached the projected figures, so the share price slips, leaving some of the people who invested with a bit of a loss.

It is an important part of my arsenal against the Beast, so I’ll keep using it without shedding any tears for the investors or lawyers.

On a side note, Mike, good result in the Rugby World Cup against Ireland yesterday.... Cry  Cry  Cry Cry
Back to top
  

You don't stop laughing because you grow old....You grow old because you stop laughing.
 
IP Logged
 
eye eye
CH.com Newbie
*
Offline


I Love CH.com!


Posts: 14
Re: ElectroCore Faces Class Action Headache
Reply #5 - Nov 25th, 2019 at 12:43pm
 
hi pete just received my gammacore sapphire a few weeks and have had blood in my nose when blowing it on a tissue,not sure if gammacore is responsible ,have you ever experienced the same
Back to top
  
 
IP Logged
 
Peter510
CH.com Alumnus
***
Offline


Don't give out... But
don't give in.


Posts: 915
Wexford. Ireland
Gender: male
Re: ElectroCore Faces Class Action Headache
Reply #6 - Nov 25th, 2019 at 4:53pm
 
Eye eye,

No. I have never had any reactions whatsoever, other than it killing off an attack.

I’ve been using it since 2012, although it is very occasional now, since I started the D3 Regimen in 2015.

Peter.
Back to top
  

You don't stop laughing because you grow old....You grow old because you stop laughing.
 
IP Logged
 
Page Index Toggle Pages: 1
Send Topic Print

DISCLAIMER: All information contained on this web site is for informational purposes only.  It is in no way intended to be used as a replacement for professional medical treatment.   clusterheadaches.com makes no claims as to the scientific/clinical validity of the information on this site OR to that of the information linked to from this site.  All information taken from the internet should be discussed with a medical professional!