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 : Breakthrough Company????? Endovasc ENDV -- Ignore unavailable to you. Want to Upgrade?


To: Angelo who wrote (53)4/30/1999 6:14:00 PM
From: Dr David Summers  Respond to of 94
 
Excuse me again NY, but may I ????

1. Prostaglandin E-1 is already approved by FDA for other indications, so the 5-year discovery process is eliminated.
2. We have already completed both test-tube and animal safety and efficacy experiments successfully. That eliminates 2 years.
3. FDA has already discussed the treatment protocol for our first
applicaton on an informal basis
4. We have already run a clinical pilot run at a FDA approved contract manufacture.
5. We will probably apply as both an "orphan drug" indication and on a "compassion need" request which FDA puts review to the top of the list.
6. We have our clinical sites already FDA approved.
7. Our doctors are FDA approved for the speciality.

All of the above has been disclosed both in Press Releases or within our Business Plan which is the equivalent of a prospectus without all the legal " risk disclaimers" required by the SEC to "unsophisticated" (their term...not mine) investors. I trust you fall into the former and not the latter.



To: Angelo who wrote (53)4/30/1999 11:17:00 PM
From: NY_Know  Read Replies (2) | Respond to of 94
 
Well Said Dr. Summers.

Update for ENDV April 1999.

MM's have bought 876,706 shares at an avg price of .607
MM's have sold 1,122,438 shares at an avg price of .699

Spread is .092. Not bad ROR. Prices reaching into the .70 range, good to see. Take advantage of the the low prices. Any buy under .75 is good positioning.

Remember Longs, Hold your shares. Low float means more opportunity for price movement is we all stick together.

NY_Know