welshgoat23 Oct 2009 13:56
Just read my last post back and may have sounded a bit negative. Todays news is great and is really the news the company has waited for and for the time being secures its future. My opinion and the reason why I am holding is that the products are so good, this company will not be allowed to go down the pan, I posted this some time ago .
Taken from the most recent update the company said this
"Significant new interest from major pharmaceutical companies to develop a Biopump for new applications"
"Serious new interest from institutional investors"
The first part is confirmed today, except they use the word companies (plural). The second will undoubtedly follow.
Medgenics believes this technology can be applied across the large and rapidly growing global protein therapy market including the following:
Anemia (tests ongoing currently stage 2, stage 3 next year) , Hepatitis, Growth failure/Muscular atrophy, Multiple sclerosis, Hemophilia, Arthritis, Wound healing, Obesity, Chronic Pain & Cancer recovery.
We now have a leading Hemophilia company on board, I expect we will see Partnerships developed in the other fields in the not to do distant future. Following which the SP will be substantially higher than today