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Biotech / Medical : Martek Biosciences---- future biotech cash cow!

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To: nelli who wrote (38)3/17/1997 2:52:00 PM
From: bill small   of 258
 
Hi Wu, some points of clarification...

Don't expect Mead to say when they will launch their DHA added baby
formula. They want to surprise Ross (Abbott owned) who as yet aren't
licensing the Martek product. GRAS is a form of FDA approval which
is a simplified version over the FDA approvals for drugs which can
take years. It is a closely guarded secret as to whether they may
already have GRAS approval and are just waiting to launch the product.
Martek knows (I don't) but are not allowed to say yes or no.

This FDA approval is a seperate thing altogether from the FDA chartered panel (the FASEB panel) currently studying what the ingredients in baby formula shoud be. There was a panel begun over
a year ago looking at ingredients for full term baby formula and
this panel's report due out the end of Sept this year. Then another
panel was chartered to look at ingredients for formula for pre term
babies and it will be the one getting testimony from many souces
in an open hearing this March 26 in DC (I plan to attend this meeting)

So this is just some of the stuff going on which may influence when
we can can expect US formula launches. From my viewpoint, what will
trigger the progress we all hope for is public awareness of the effect of DHA ingestion by mothers, (before birth and during lactation)
on baby learning/IQ/eyesight. Several trials have been/are ongoing
which give evidence to the benefits, but Martek needs to get mass
media exposure of it all. They are working this hard as we speak.

Meanwhile your intended research on how capsule sales are going is
of great interest to me. So keep us posted on results. If I can be of help let me know. Assume you have distributors names.

best.......Bill
help please ask.
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