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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: Doc Bones who wrote (22472)	1/11/2007 1:39:46 PM
From: Ian@SI	Read Replies (1) \| Respond to of 52153

Recently, the Canadian TV networks have featured some R&D by a company called SemBioSys (or something close to that) which I believe is affilitated with the University of Alberta in Calgary. They've added a gene to some plant which then produces human insulin. I think they're about to enter the clinic as lab and animal testing has met all goals.

To: Doc Bones who wrote (22472)	1/11/2007 2:34:57 PM
From: keokalani'nui	Read Replies (2) \| Respond to of 52153

Supremely bad reporting. "Ms. McDaniels, 48, the Mississippi bakery worker, uses two of the newer insulins, NovoLog by Novo Nordisk and Lantus by Sanofi-Aventis. And the $115 a month she spends is about the average monthly cost of insulin treatment in this country." That's the rub! The analogues and new formulations--even novolin--are substantial improvements over bovine or even rH insulin. Lantus, levemir and novolin are the product of considerable effort. They have patent protection, so why is the reporter suggesting the barrier to generics is the FDA? I don't believe any of the analogues are off patent yet. "If generic guidelines are set, there will be companies interested in entering the United States market, according to Kathleen D. Jaeger, president of the Generic Pharmaceutical Association." The place to achieve savings in diabetes is BG monitoring. If you do it right you can be sticking 6-8 times a day. $1/test strip.