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Tuesday, August 01, 2017 11:08:10 PM
http://elcelyx.com/wp-content/uploads/2015/06/EASD-Curtain-Raiser-FINAL.pdf
By the way, their product is most assuredly not a fraud either, and I see more than a few similarities in terms of timing and scientific potential. Beyond that, reading the article link above shows the following:
1. The researcher presenting at EASD 2013, John Buse MD, PhD, is a "clinical advisor" to the company Elcelyx.
2. Their announcement does not say how much he or the several other advisors listed on their website are compensated.
3. By the logic previously employed here, those advisors are unethical, frauds, or (insert your own disparaging name here) and the drug is fraudulent snake oil (after all, it is not approved by FDA) and the company is promoting a health and financial scam to the world.
4. Alternatively, as I have posted repeatedly, an advisor or consultant relationship is permitted and is disclosed with presentation or publication of research.
5. Additionally, no quote is included in their news release from the research institution or the presenting researcher, Dr Buse.
By all means, read for yourselves and evaluate some of the similarities and potential of both companies, and above all, note why the oral formulation of Metformin is being studied in the first place (to decrease the systemic absorption and thus side effects, particularly concerning for patients with impaired renal (kidney) function.
Jacob J. Rosenblum on what every lawyer knows.
“If the facts are against you, hammer the law. If the law is against you, hammer the facts. If the fact and the law are against you, hammer opposing counsel."
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