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Thursday, May 04, 2017 3:50:01 PM
Uh...that was from like 1999 to 2009/2010, like SEVEN DAMN YEARS AGO, LOL !!
$100 million is noise level money to bring a modern DRUG PRODUCT through FDA trials, to actual FDA APPROVAL. It's not unusual to cost $1 BILLION dollars today, to gain an FDA APPROVED NEW DRUG PRODUCT APPROVAL.
What have they spent in the LAST SEVEN YEARS ON MYOCEL, when in 2010, ALL MOYCELL "heart trials" were SUSPENDED FOR LACK OF FUNDING, never to be re-started, never to be completed again?
REGEN TRIAL: ZERO patients enrolled, never even happened
MARVEL trial, 20 patients total enrolled and treated of original 330 needed, later reduced to around 130 or so. NEVER REACHED TRIAL ENDPOINTS, NEVER COMPLETED THE TRIAL TO ITS DESIGN PARAMETERS.
SEVEN DAMN YEARS, never attracted any major funding to complete their key trials, when the markets went through the greatest BIO-TECH BULL MARKET IN WORLD HISTORY, and interest rates were near ZERO percent, and money flowed like water in the streets of WALL STREET.
USRM/Bioheart, BILLIONS OF DILUTION SHARES ISSUED, reaching a TRIPLE ZERO SPECIAL, before a NOV 2015, MASSIVE 1-for-1000 REVERSE SPLIT.
99% losses to the common shares from 2010 to this day, LOL !!
$360 bucks a month spent on R&D, Q-1 2017. What freaking business are they actually in???? They're a supposed high tech MEDICAL RESEARCH AND DEVELOPMENT COMPANY on $360 a month R&D spending, LOL ??? REALLY??
Sounds like total BS to me.
Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.
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