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Sunday, October 11, 2009 6:38:59 PM
That said, I have been thinking about the pharmaceutical market many are now pressing their hopes on (as serious questions about it making money soon on the algae to fuel front have already been raised) the phamaceutical area, high algae ingredient value?
I have one question regarding pharmaceutical applications. May or may not be valid. The question is FDA approval? I doubt it is as big a problem for using the system to generate food, and not an issue overseas, which is a potential market, but BEHL is a local state side start up, not a GE. Back to the FDA. If they plan to build units that will supply feed stock for drugs, BEHL as they exist does not have a chance near term, end of story. Check the time lines on biotechs for manufacturing process approval, on know processes versus experimnental tech.
Continuing disclosure: I no longer own BEHL, and won't own it again, unless some one can convince me I am FOS, and that BEHL is worth a good 500 million dollars. (good luck with that one, LOL).
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