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Biotech / Medical : Pioneer Services Inc OTC>BB PSVC
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To: David Morgan who wrote (73)2/17/1998 9:00:00 AM
From: vcap  Read Replies (1) of 140
 
The company has the following :

1)A device that has been developed at Stennis Space Center by NASA contractors. Numerous devices have now been manufactured.

2)Chronic pain studies at the National Medical and Research Institute in Boca Raton Florida.

3)Epilepsy studies at University of Oklahoma

4)Nerve Regeneration studies at Cornell Medical Center

5)Currently seeking FDA Approval for chronic pain

If the company produces any positive results in any of the areas of studies it will attract the interest of many large pharmaceutical companies. These large cos. are currently aggressively looking to get an edge on each other. FDA approval for just one application could produce enormous revenues.At this point I think the co has gone beyond a patent and an idea (that was about a year and a half ago). They also are constantly bringing in new officers/consultants/employees. The co is also pursuing joint ventures with other cos. for applications of their technology for other uses.
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