Good idea going to SBH site, however I only found the following snips--I see no indication at the SBH website that they are advertising continued support. However, that was said at the informed investors presentation.
Locilex has demonstrated effectiveness against gram-positive, gram-negative and anaerobic pathogens. It is currently under review by the U.S. FDA for the topical treatment of infected diabetic foot ulcers. Studies have shown that, applied topically, Locilex is comparable to an orally administered quinolone antibiotic
Locilex (pexiganan), a topical antibiotic and the first-ever antimicrobial peptide of animal origin, is currently under review by the U.S. FDA for the topical treatment of infected diabetic foot ulcers. A recent study suggests that Locilex, which is in-licensed from Magainin Pharmaceuticals, is effective against a broad spectrum of pathogens, including gram-positive, gram-negative and anaerobic bacteria.
and a couple of pipeline graphics...
sb.com
sb.com
I interpret the recent weak stock price as a combination of things: 1. misunderstanding that the FDA panel is not the final word 2. An unwillingness to invest in microcap biotech 3. A misunderstanding of Squalamine--I wonder if it is often confused with that shark cartlidge cancer curing scam--recently there have been reports in the media about various cancer scams, and I saw one about folks buying ground up shark cartiledge.
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