Innovation Pharmaceuticals Inc (IPIX)

[John B]

Nov 6th - Jason Hartman interviewing Patrick Cox.

Here is part of the interview:

Jason:
Yeah, questionable too. Give us maybe your top three, if you would, your top three technologies that would extend life, extend health, and any more thoughts, additional thoughts, on what’s stopping these things from getting to the market place. I would just assume that all the creators of these technologies would just be pushing, pushing, pushing the FDA to get it out there.

Patrick:
Yeah and it’s really dangerous. If you offend the FDA, there’s no telling what’s going to happen because, bureaucrats and the FDA are human, they’re no different than any of the rest of us, I don’t want to paint sort of conspiracy, but they are, many of them are really well meaning and dedicated to public health, but they are incentives to avoid any kind of risk and what that leads to institutionally is way too much caution, especially in these days of personalized medicine. In the old days, you know, if you took a drug and it only worked half of the people and 20% got sick, it was failed. It was not allowed on to the market.

Today, we can take, with a small test, you can check gene expression and find out whether or not this cancer drug will work for you or not and give the drug just to those people who need it and for whom it works, but the FDA has not adjusted to the new model of personalized medicine, so..and cancers, there’s half a dozen new technologies that right now are paying tens of millions of dollars and waiting slowly through this swamp like labyrinth of regulatory process to get them to market, but I predict when they make it, which is in the next 5-10 years, cancer will be come a minor irritation. It will be, essentially, solved.

Jason:
What an amazing thing. Wow.

Patrick:
Cancer is already solved. By the way, since you bought up super bugs, bacteria, I think we will see clinical trials in the next 6 months that prove that is beating, both in terms of systematic infections, but also in terms of hospital acquired infections, there are topicals that can be used in surgery that will do away with most of them. This is a non-problem that media loves to, big scare story, and they’re incapable of looking at the science and tracking the companies that have solutions. There is one in particular that I’ve been following for 5 years that’s just getting very close right now and I can’t wait.

Jason:
What’s the name of it?

Patrick:
That’s Cellcuetix.

Here is the link to the whole interview:
http://www.jasonhartman.com/cw-436-repair-heart-patrick-cox-mauldin-economics/