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Gold/Mining/Energy : PYNG Technologies

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To: grounded who wrote (7976)11/1/2005 11:05:04 AM
From: LOR  Read Replies (1) of 8117
 
PYNG Does NOT have a FAST-1 for Kids

According to PYNG's own statement, they have only entered into a two phase "feasibility study" wherein PYNG will have access to the hospital's "data bank" in order to determine what design changes are required in order to develop a FAST-1 suitable for kids...
There is nothing on the hospital website (or in PYNG's release for that matter) to suggest that the hospital has an EXCLUSIVE deal with PYNG which stops the hospital from opening their data bank to OTHER I.O. device manufacturers either concurrently or at a later date and therefore it is far from clear that the FAST1 is in fact the "preferred option".

Using PYNG's own statement, they claim to be the "dominant player" as opposed to the "only player" in sternal intraosseous infusion for adults! This doesn't sound to good to me.

In short:

....1) PYNG does not now have a sternal device for children (hey, they have only been at it for a decade or so and had so much trouble getting the adult device to market who can blame them for having such a limited product line eh?)

....2) there isn't even a hint of a timeline for the development of a kid's FAST1

But at least they are involved in a **FEASIBILITY Study** so we must acknowledge that they aren't standing COMPLETELY still!

LOR
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