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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: Mr. Forthright who wrote (3010)7/12/1998 2:46:00 AM
From: Mike Ankley  Read Replies (2) of 5402
 
Yes sir, very familiar. As I have been keeping up with all the excellent information regarding SGNC on the 2 SGNC threads I am very familiar with Dr. Drees having already spent many years developing a PFC product while he was the head of Alpha. This first gen. product was already given FDA approval. It was already tested on approximately 13,000 humans.

I am very familiar with the fact that this second generation PHER-02 product is a slightly enhanced version of the previously FDA approved first gen. product that was already tested on 13,000 humans.

Dr. Drees is extremely familiar with numbers you pointed out also.
He is also extremely familiar with what is needed to get a PFC product through the FDA approval process. He is also very familiar with using a PFC product on humans. A very good man to have on our side!

I sure am glad that I am not investing in a first generation product that has to go through 16-20 years of development and has never been tried on humans. This 2nd generation PHER-02 from SGNC that I am investing in is an enhanced version of the first gen. product that has already beaten the 5000-1 odds that you mention - it was already tested on 13,000 humans. It also beat the 5-1 odds you mention - it was FDA approved.

So thank you for reminding me of what to look out for if I happen to invest in a different biotech company that has not had any generation of its product tested on humans, much less received FDA approval.

Cheers

Mike
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