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Maybe we should all be raising money for Medgenesis. Kathleen On 24 July 2010 22:55, [log in to unmask] <[log in to unmask]> wrote: > Article from the Times Colonist, Victoria, Canada, 7/24/10 > > "Local biotech firm believes it's on the cusp of a brain breakthrough" > > is about MedGenesis, the Canadain biotech that managed to get the license > from Amgen, after 4 years to further develop GDNF. They are using a > convection enhanced delivery system, that allows the delivery of treatment > via microscopic catheters, inserted through a patient's skull, into highly > specific areas of brain tissue. > > . The company seems to be commited for GDNF to succeed,.As un-Amgen like as > we could ever hope for. > > Excerpts:"According to MedGenesis CFO Michael Lincoln, the company is > estimating the cost of getting GDNF through the trials and to market could > be anywhere between $65 million and $100 million."Financing is always a key > issue, and it was to our bad luck that the bottom fell out of the world > economy at the time we needed to finance operations," said Mohr (CEO), who > noted the company has managed through it because he had significant personal > resources to draw on and a number of well-heeled contacts who bought into > their plans. > Mohr also pointed out his executive team stuck with the program. He took no > salary for three years and his team worked for cut rates. > Mohr said the fact his team remains intact is testament to the belief in > what they are doing. > "Our entire executive team is still at the table, nobody left," he said. > "There is something there." > "Mohr is hopeful they can begin Phase 2 clinical trials next year, a > process expected to take about two years, including data analysis and > dealing with Health Canada and the federal Food and Drug Administration in > the U.S. > "We're going to manufacture the product and go back into the clinic next > year and we're very hopeful a pathway to success can be found," he said. > Read full article > http://www.timescolonist.com/health/Local+biotech+firm+believes+cusp+brain+breakthrough/3317850/story.html#ixzz0udpxbHyO > > > > --------- Forwarded Message ---------- > From: "Stan" <[log in to unmask]> > To: [log in to unmask] > Subject: [pipelinerscore] GDNF "breakthrough" claimed > Date: Sat, 24 Jul 2010 18:44:55 -0000 > > > http://www.timescolonist.com/health/Local+biotech+firm+believes+cusp+brain+breakthrough/3317850/story.html > > > ------------------------------------ > > Yahoo! Groups Links > > <*> To visit your group on the web, go to: > http://groups.yahoo.com/group/pipelinerscore/ > > <*> Your email settings: > Individual Email | Traditional > > <*> To change settings online go to: > http://groups.yahoo.com/group/pipelinerscore/join > (Yahoo! ID required) > > <*> To change settings via email: > [log in to unmask] > [log in to unmask] > > <*> To unsubscribe from this group, send an email to: > [log in to unmask] > > <*> Your use of Yahoo! Groups is subject to: > http://docs.yahoo.com/info/terms/ > > > __._,_.___ > > Your email settings: Individual Email|Traditional > Change settings via the Web (Yahoo! ID required) > Change settings via email: Switch delivery to Daily Digest | Switch to > Fully Featured > Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe > __,_._,___ > > ---------------------------------------------------------------------- > To sign-off Parkinsn send a message to: mailto: > [log in to unmask] > In the body of the message put: signoff parkinsn > ---------------------------------------------------------------------- To sign-off Parkinsn send a message to: mailto:[log in to unmask] In the body of the message put: signoff parkinsn