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Re: jurisper post# 2982

Friday, 07/25/2014 3:24:51 PM

Friday, July 25, 2014 3:24:51 PM

Post# of 6471
I respect and agree with most of what you just posted, but to me Haig was like a deer in headlights. He froze and didn't know what to do. Now that Medbridge has taken over, they seem to be cleaning up the mess that was created to keep the company going and have made huge progress.

Also it seems your thoughts of universities might change. I've actually read that about 25% of drugs on the market came from university research. I'm not exactly sure of the percentage, but I believe it was in the mid-twenties.

The paragraph I paste below seems to speak Dr. Newell's name, doesn't it! Also time will tell and I know there are no guarantees.

http://en.wikipedia.org/wiki/Pharmaceutical_industry

Drug discovery is the process by which potential drugs are discovered or designed. In the past most drugs have been discovered either by isolating the active ingredient from traditional remedies or by serendipitous discovery. Modern biotechnology often focuses on understanding the metabolic pathways related to a disease state or pathogen, and manipulating these pathways using molecular biology or biochemistry. A great deal of early-stage drug discovery has traditionally been carried out by universities and research institutions.