Protide Pharmaceuticals (fka PPMD)

[Lazarus]

a rebuttal to my post on RB from another shareholder....


Frustration Abounds
But the compelling facts still remain.

PPMD has a patented non-bovine sera transport and storage media for stem cells/bone marrow.

The government has never approved a transport and storage media for stem cells or bone marrow. So you can really use just about anything.

Viastem has no animal proteins, and no DMSO, the industrial wood solvent that is used in current storage solutions.

Both the government and PPMD had better get off their backsides and get products approved so that animal proteins are not used in human biologic preparations when possible.


I think the company is honest, I have talked with them often, and I am upset with the time-frame of things happening, or more accurately, not happening. I think they are trying to get the final process of FDA approval going, but have been hamstrung by forces outside of their control. I think this will change, and they will be more proactive. If you think that this is bad, wait and see if what has happened in England/Scotland happens here.
When you deal with a lumbering behemoth like the government or the multiple industries that use cow products, wait until they try to backtrack and put the genie back in the bottle.

Try to find different companies that have solutions for these problems. Unfortunately the first 600 posts that were on this thread were erased by LYCOS, so I can't refer you to them, but there are companies that have recognized the dangers and are doing things to prevent problems (see PALL). Hopefully, PPMD will be seen as one of those corporations, and the government will realize that this area of biology/medicine needs to be on the front burner.

http://ragingbull.lycos.com/mboard/boards.cgi?board=PPMD&read=849