Did some more DD tonight.
I'm feeling a lot better about ADMD. This is just based on my personal and most recent DD as I've yet to hear back from one of the original Cogelix team members.
In short- I'll make a few key observations.
1. FDA approval is all that matters and why we are all here. Without it, we lose. With it, we win.
2. It does not matter if Jim is a genius or an idiot. It doesn't matter if he's a good businessman or communicates with his shareholders ( but would be nice!) It doesn't matter if he has a spotty record. Why you ask? I'll answer that in number 4.
3. Dr. Darrell Fisher and Dr. Anna Gutowska and (Novella Bridges) are the only important names to know. The Cogelix team was a group of students working on utilizing the people's technology noted above. They requested $58 mil in funding in 2002 to take this through FDA approval and to market which they didn't get (funding) so Cogelix was dissolved in 2003.
4. Radiogel. The actual product that we are all betting on... ( I'll get to the delivery method) Was NOT developed or invented by AMIC. It was developed and invented by the individuals listed in number 3 above. AMIC can be the sketchiest company in the world and still have a killer product developed by 3 scientists whom WON the 2004 American Chemical Society's Regional Industrial Innovation Award for Radiogel. If you believe this to be true, great. If not, no worries either. PNNL was where this was developed and if you believe in the product, the rest doesn't matter... AMIC signed exclusive licensing agreements in 2012 for the Radiogel delivery technology. Which brings us to number 5.
5. Delivery method.
We are betting on the FDA thinking that these minimally invasive injectable microspheres ( seeds )are safer than the existing glass nodules that are already approved. PEG's or poly ethylene glycol gels are also already approved by the FDA as a delivery vehicle for types of gels and cells used for bone and tissue. We're essentially looking to combine an already approved delivery system with a proven isolated radiation treatment to target solid tumors...
Do your own DD, but enough for me to bet on IMO.
All - I tried to avoid biased or contradictory information and stick to a summary of my findings in an effort to avoid confrontation. Once again, to each their own and good luck everyone.
Go ADMD
