SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : BISN - Why the activity -- Ignore unavailable to you. Want to Upgrade?


To: playsmall who wrote (275)4/23/1999 3:58:00 PM
From: tom  Read Replies (1) | Respond to of 304
 
FDA Approval: I don't think there can be any truth to that rumor. They aren't, to the best of my knowledge, trying to get FDA approval since the FDA controls drugs and foods. They don't need it. What they are trying to get is medicare approval. If they get this, hold on to your shares.

They haven't had much success in the past regarding medicare, however, so I'm not keeping my hopes up. There are three phases to get the medicare approval. They passed the first two, but are waiting for approval from the third stage. They had expected notification a couple months ago, but didn't receive it. It's been awhile since I've heard from Jack Paller, but last time he said that he's got his lobbyist(s) working on getting an answer.

Jack has been, so far, inaccessable today. As you can expect, he's been spending a lot of time on the phone today.

-Tom