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  "documentTitle": "Harmony Biosciences (HRMY)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2023-03-28 00:00:00",
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  "notes": "The slide uses a narrative of past professional failure and alleged fraud to undermine the credibility of the current CFO.",
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      "kind": "callout",
      "text": "19 Deaths, Serious Liver Injury Linked to Intercept Pharma's Ocaliva\n\nIntercept Pharma Sued After FDA Sounded Alarm About Drug Deaths",
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      "text": "He was evasive. We asked again and he mumbled and froze like a deer, at which point the CEO terminated the 1x1 and escorted us to the door - the only time we have been kicked out of a meeting.",
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      "text": "Sandip Kapadia, CPA, MBA, Chief Financial Officer",
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      "text": "Kapadia is a supporting actor who only showed up in 2021 - Harmony is strictly Jeff Aronin’s show – but when it comes to sketchy accounting and metrics, he seems to know the role. His last job was as CFO of Intercept (ICPT), another company with a toxic drug, which we shorted successfully into its garbage NASH trial a few years ago. The stock has since imploded. We had a 1x1 meeting with him and the CEO at the JPM conference, and asked about an accounting item we thought was fraudulent. He was evasive. We asked again and he mumbled and froze like a deer, at which point the CEO terminated the 1x1 and escorted us to the door - the only time we have been kicked out of a meeting.",
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      "text": "19 Deaths, Serious Liver Injury Linked to Intercept Pharma's Ocaliva; Intercept Pharma Sued After FDA Sounded Alarm About Drug Deaths — Headline screenshot",
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      "text": "Source: https://www.harmonybiosciences.com/about-us/our-leadership; https://www.biospace.com/article/19-deaths-serious-liver-injury-linked-to-intercept-pharma-s-ocaliva-/; https://www.courthousenews.com/intercept-pharma-hit-with-derivative-action-after-fda-sounded-alarm-about-drug-deaths/",
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      "text": "CFO bio per Harmony website, and articles on Interceot (ICPT), where was previously CFO",
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