Hi Alex,
Medical Discoveries just announced that another big player has joined their team. Here is their latest release:
October 23, 1996
Medical Discoveries Inc. announced on Wednesday that Ned M. Weinshenker PHD has been named to the company's scientific advisory board. Weinshenker is currently president, CEO, and a director of IOMED Inc. (Salt Lake City). IOMED designs, manufactures, and distributes iontophoretic drug delivery systems, a method of transdermal delivery utilizing electrical current to enhance drug transport.
Weinshenker recieved his doctorate in organic chemistry from the Massachusetts Institute of Technology (MIT) and pursued postdoctotal research at Harvard University. His background includes tenure with NYSE-listed ALZA Corp. (Palo Alto, California), and ALZA-spinoff Dynapol (Palo Alto.)
In addition, Weinshenker has served as president of Churchill Oaks Consulting, providing management and technical expertise to organizations in the pharmaceutical, biotechnology, diagnostics, and chemical industries.
"Ned's extensive experience in the pharmaceutical and biotechnology industries, combined with his knowledge of the scientific and business communities will undoubtedly enhance our efforts as we strive to bring MDI-P and it's many potential medical applications to market," said Marlin Toombs, vice president and director of Medical Discoveries Inc. "We look forward to working closely with Ned and capitolizing on the wealth of expertise he can deliver."
Medical Discoveries Inc. is a developemental biotechnology company focused on commercialization of certain antibiotic and antiviral technologies and agents, including processes and equipment for the rapid sterilization of dental veterinary, and medicl instruments.
Contact Marlin Toombs (801) 273-7388 or
Jordan Richard Assoc Madeleine Franco or Andrew Graft (801) 595-8611
Anyone with any knowledge of MDI-P please comment. The FDA is impressed and they have some very reputable people joining their team. The stock price has been creeping up and is being accumulated. As of October 24, 1996 the price was $0.53 X $0.59.
Check it out!
Cindy
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