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Microcap & Penny Stocks : Cryogenic Solutions Inc. (CYGS)

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To: celeryroot.com who wrote (3207)8/19/1998 3:19:00 PM
From: Graham Marshman  Read Replies (2) of 4028
 
An IND is submitted when a company wishes to move from preclinical stage into FDA controlled clinical trials. Good reference on general process is here:

barrlabs.com

Well CYGS right now could be said to be in between stages. If pre-clinical testing has proven the effectiveness of their basic product, then it can be held to have finished. It may be continuing however on either different or extension projects, for instance expanding the cell types supported. Since they have not announced either issuance of an IND or any FDA program, they are not in clinical trial status.

Re time and cost, we can only hope that some of the recent FDA reform measures continue to reduce both. It's also difficult to say what would happen to existing clinical trials that an antisense molecule owner may be involved in if they decided to use the CYGS delivery vector.

Graham
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