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Re: DewDiligence post# 1119

Wednesday, 04/04/2007 3:16:10 PM

Wednesday, April 04, 2007 3:16:10 PM

Post# of 2446
Re: Medidur technology

IMHO the Medidur technology is possibly what deJuan was refering to a couple of years ago when he said that competing technology (to the I-Vation platform) was like used oxygen cylinders accumulating at the top of Mt. everest ;)

http://www.psivida.com/application/ophthalmology.asp

I don't see how a non-erodible/degradible, non-removable implant can be part of an optimized solution for the treatment of back of the eye disease. It may be cheaper for PFE to go this route, but it would appear to come with a major competetive disadvantage.

BTW Dew, what do you think is behind the financing of the $5M convertible note?

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