How about we start with the fact that BPAX does have an FDA approved drug called elestrin. He statesand I quote, "To date, Biosante has been an epic fail of a company, with no drugs ever approved by The FDA."
Then he pulls numbers out of his butt about BPAX burning $4 million a month thengoes on to ignore the potential $$$ in Bio-T Gel.
Also royalties are not insignificant. BPAX is set to receive $5 million + royalties on Bio-T Gel upon approval.