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Biotech / Medical : GMED - GenoMed Inc.
GMED 83.90+36.0%Nov 7 9:30 AM EST

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To: jmhollen who wrote (82)1/24/2004 8:37:19 PM
From: Gary Mohilner  Read Replies (2) of 347
 
Thanks John,

It would be nice if we could attract some other people over here to add to your efforts. You speak as though you've had a personal interest in the company, have you.

If I understand what they're currently doing, it's employing currently available drugs, like ACE inhibitors, in ways that are dramatically different from what they were intended for. I gather they've got patents pending for these applications and that many patients who've been treated have had tremendous improvements.

As I see it, the problem is probably convincing the FDA, as they like trials that cost hundreds of millions and involve thousands of patients. The good news is that if the results GMED produces don't get the FDA's attention, they should get the attention of the developers of the drugs that GMED's using. With patents covering their use, GMED should profit nicely from partnerships intended to expand their usage by the manufacturers if they cannot convince the FDA by themselves.

Do I get the picture correctly. I've only been looking at it for a short time. I'm sure there's much to learn about what they're doing, but from what I've seen already they impressed me.

Gary
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