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Gold/Mining/Energy : PYNG Technologies

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To: Patrick who wrote (1440)3/24/1998 12:59:00 PM
From: Bernard Elbaum   of 8117
 
M. Jacobs did post on this thread in Dec. or Jan. as I remember that he was in contact with larger firms that could be potential collaborators with Pyng. If you find one of his more recent posts, and search his personal profile, you should find the post in question.

There is no question that Pyng, with its currently tiny organization, would benefit from a joint arrangement with a big firm that has marketing and distribution clout. Pyng does potentially have an unusual ace in the hole, however--the FAST1 is desiged to be a backup procedure in emergency life or death cases where there are no good alternatives. If the fieldwork trials give the FAST1 a sufficiently favorable review, experts in emergency medicine may go so far as to recommend it as a standard backup procedureto the IV. Providers who lack the FAST1 may then be liable to lawsuit.

To clear up some confusion, if you read the PYNG web site, you should understand that the FAST1 will have no sizable impact on the market share of IV devices. The FAST1 is designed for the estimated 500,000 cases per year in the US where patients are taken by ambulance without an IV because it proved too difficult to administer.
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