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To: Steve Smith who wrote (14839)1/20/2000 7:27:00 PM
From: IEarnedItRead Replies (2) | Respond to of 118717
 
BINC is a JSB pick to the thread. I will let him do the honors. He has been the table pounder on this one. I am in it on his rec. (and my own DD of course)

Now if you want to know more about digl or edig, fire
away:-)))))

JD



To: Steve Smith who wrote (14839)1/20/2000 9:10:00 PM
From: JSBRespond to of 118717
 
Steve, BINC has several patents
on D-tagatose, a full bulk, low
calorie, sugar substitute.

Dtag was created by Dr. Levin, the
CEO of BINC. BINC licensed the production
rights to MD Foods of Denmark because Dtag
is produced from whey, a dairy byproduct.

Here is where it gets interesting, BINC
only licensed to MDFI the rights to produce
Dtag as a food additive. Dtag also has
several other uses, the most important
of which, is for use with Diabetics.

Basicly, all we are waiting for is
the declaration of GRAS (Generally
regarded as safe). Dtag does not
require FDA approval beyond GRAS, which
is a self affirmation process. The panel
of scientists retained my MDFI asked for
on more study which was begun in the 4th
qtr of 1999 and should be completed shortly,
if it hasn't been already.

As a food additive, Dtag is unique since
there is no aftertaste and it is stable
at high temperatures so that it can be used
in baking. Additionally, it really does
taste just like sugar.

Dtag could be produced and sold right now
in all parts of the world with the exception
of the U.S. MDFI's strategy is to get
GRAS and start here, though other markets
could also be huge.

As a biotech co, even without GRAS, BINC
is very undervalued.

Hope all this helps,

Jeff