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Microcap & Penny Stocks : EXTI - only public co. developing liver device -- Ignore unavailable to you. Want to Upgrade?


To: CENTrader who wrote (237)3/10/1998 5:13:00 AM
From: Shawn Donahue  Read Replies (2) | Respond to of 1063
 
Bill,

Your right Exten does have a "developed" Liver Dialysis
machine with their proprietary SYBIOL technology...I should
have been more specific on what I meant..in that it would be
nice if they could get funding so that EXTEN would have the
money to enter FDA trials ASAP, so that their product would
be approved with whatever modifications that the FDA trials
may dictate if any, so that it will be available as soon
as possible to the estimated " 30,000 new cases that appear
each year, and the 10,000 people that die annually."

I realize that the FDA is the governing body for approving
drugs and medical devices to ensure their safety for use by
the American public...but if the Surgeon General is going to
spend millions on a national public awareness campaign, with
approximately 4 million Americans having incurable hepatitus
C, and Surgeon General David Satcher has testified the serious-
ness to Congress, that there is NO CURE AVAILABLE and that
Doctors are SEARCHING for improved therapies and he was met
with the following serious and receptive response from Congress:
I don't see the harm, but definitely see the benefit of Exten
contacting Surgeon General David Satcher and Republican Rep.
Christopher Shays, who Chairs the house committee for human
resources---FOR FUNDING and a STREAMLINED FDA APPROVAL PROCESS
due to the seriousness and extremely urgent need for the product!

''These people need to be told,'' said Rep. Christopher Shays,
R-Conn., chairman of the House Government and Oversight's human
resources subcommittee. ''They need to be tested. Many will need
treatment, and many will need to learn how to prevent further
spread of the disease.''

He compared the government's inertia on hepatitis C to its early
reaction to AIDS. ''Federal public health agencies have often
pondered, but never implemented, a comprehensive response to
this insidious infectious agent,'' he said.

NOTE: the Senator compares the seriousness of Hepatitus C to
AIDS and we have seen how much funding has been made available
for AIDS...Also, this would not be the first time someone
has approached the Government for funding...remember Lee Iacocca
when he asked for and received government backed funding to
keep Chrysler (and the 100,000+ jobs that would be affected)
alive...To me Hepatitus C is much more serious, as you can't
get more serious than life or death!

Plus, this is not the first stock that I have invested in that
needed to go through FDA trials and if you don't get the right
political clout...its approval can be very slow. I used to own
stock in a local laser heart machine company in Colorado Springs
and the wait for FDA trials practically killed the companies
finances!They had many proven prototypes but the FDA approval
process was continually delayed by the FDA allegedly not having
enough resources!In this case with EXTI having a viable
product for Hepatitus C, when it is being compared to AIDs..
I'm sure the FDA could appropriate the resources with a high
priority!

Regards,
Shawn