Spencer Pharmaceutical (SPPH)

[bigtuna177]

Since you seem to know a lot about this, I would like to see if you can elaborate some on this aprticular comment:

This is already a well-satisfied market niche with no outstanding medical need that can be satisifed by Met4 and not by any other product

Doesn't this product actually have a "NEED" and actually quite a large need?
drug for glycemia control in patients with type 2 diabetes is Metformin

In 2005, people with diabetes were estimated to account for 7% of the US population, or approximately 20.8 million people.3 Of these 20.8 million people, 14.6 million have a diagnosis of diabetes, and diabetes is undiagnosed in another 6.2 million. Approximately 5-10% have type 1 diabetes, 90-95% have type 2 diabetes, and 1-5% have other types. Additionally, an estimated 54 million people have pre-diabetes.

Maybe I am just missing something here. Looking for clarification. TIA