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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: pz who wrote (1834)12/7/1999 10:07:00 AM
From: Hank  Read Replies (1) of 5582
 
Why should this matter to me? As SI Bob just pointed out, 99% of all posts I've had to respond to regarding GUMM have been personal attacks, not my comments about GUMM. Besides, nobody takes me seriously anyway, right? So why should anyone care what I say about GUMM?

As for GUMM, my principle criticism of their product Zicam is, and has always been, the fact that their one and only "clinical" study was neither large enough nor statistically significant enough to convince either the scientific or the medical community at large of it's efficacy. It may have been good enough to allow them to make claims under the rules and regulations governing homeopathic remedies but that is a cheap cop out. GUMM states in it's own SEC filings that they are actively seeking strategic partnerships with, among others, pharmaceutical companies. I can assure you that IF their clinical data regarding Zicam was convincing enough to substantiate the claims printed on the side of every Zicam box that they would have had NO problem finding partners in the pharmaceutical industry. In fact, the big drug money would have been lining up to get a piece of the action. Obviously, this has never happened. I wonder why? If it had, then Zicam would indeed become a household name and GUMM would surely skyrocket, as everyone here predicts. The fact that this has never happened says a lot, in my book.

So, GUMM is forced to hawk their snake oil under the guise of homeopathic medicine. Meanwhile, that nicotine gum contract that, by all the longs admission, is supposed to happen "by the end of the year" is still just a pipe dream, and with only 4 weeks to go before they miss the deadline.

These are the reasons why GUMM is going down. These are the reasons why GUMM will continue to go down.

All my own opinion, of course.
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